5, WESLEY WAY, MARKFIELD, LE67 9NA - £247,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 WESLEY WAY is a small detached house of 95m², built sometime between 1991 and 1995. It was last sold for £247,000 in July 2019, which was around 21% below the average July 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

5 WESLEY WAY Sold Prices

Land registry data shows six sales for 5 WESLEY WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Most of the six 5 WESLEY WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 12 JUL	£247,000	£311,195	21% below HPI
2019 9 MAY	£275,000	£309,344	11% below HPI
2017 3 APR	£265,000	£280,471	6% below HPI
2015 12 NOV	£232,000	£254,208	9% below HPI
2009 1 DEC	£175,000	£213,496	18% below HPI
2002 31 JAN	£135,000	£129,911	4% above HPI

5 WESLEY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The six 5 WESLEY WAY sales between January 2002 and July 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2019 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 WESLEY WAY?

5 WESLEY WAY is 95m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses by size in Markfield, and where 5 WESLEY WAY lies on this distribution: 39% of detached houses are smaller than 5 WESLEY WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Markfield.

5 WESLEY WAY: Plot and Title Map

5 WESLEY WAY sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 5 WESLEY WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 WESLEY WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 WESLEY WAY?

5 WESLEY WAY is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 5 on WESLEY WAY.