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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 WESLEY WAY is a small detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £318,845. It was last sold for £247,000 in July 2019, which was around 16% 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	£295,772	16% below HPI
2019 9 MAY	£275,000	£294,012	6% below HPI
2017 3 APR	£265,000	£266,571	1% below HPI
2015 12 NOV	£232,000	£241,609	4% below HPI
2009 1 DEC	£175,000	£202,915	14% below HPI
2002 31 JAN	£135,000	£123,472	9% 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 WESLEY WAY be worth now?

5 WESLEY WAY might now be worth an estimated £318,845.

This is based on house price inflation of 29.1%, between July 2019 and December 2024, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.1% inflationary increase is applied to the most recent sale price for 5 WESLEY WAY of £247,000 on 12th July 2019. For the value to have increased from £247,000 to £318,845 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of 5 WESLEY WAY has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The July 2019 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WESLEY WAY has not materially changed since July 2019.

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 houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Markfield, and where 5 WESLEY WAY lies on this distribution: 38% of detached houses houses are smaller than 5 WESLEY WAY, and 61% 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 0.065 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.