6, PARK AVENUE, MARKFIELD, LE67 9WA - £337,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 PARK AVENUE is a small extended detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £347,860. It was last sold for £337,000 in June 2022, which was around 9% below the average June 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

6 PARK AVENUE Sold Prices

Land registry data shows two sales for 6 PARK AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 6 PARK AVENUE 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
2022 10 JUN	£337,000	£369,151	9% below HPI
2019 8 OCT	£195,000	£303,881	36% below HPI

6 PARK AVENUE 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 two 6 PARK AVENUE sales from October 2019 and June 2022 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 October 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 6 PARK AVENUE be worth now?

6 PARK AVENUE might now be worth an estimated £347,860.

This is based on house price inflation of 3.2%, between June 2022 and February 2025, 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 3.2% inflationary increase is applied to the most recent sale price for 6 PARK AVENUE of £337,000 on 10th June 2022. For the value to have increased from £337,000 to £347,860 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 6 PARK AVENUE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2022 sale price of £337,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PARK AVENUE has not materially changed since June 2022.

How Large is 6 PARK AVENUE?

6 PARK AVENUE is 92m², which includes one extension, according to the EPC inspection conducted in July 2021. 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 6 PARK AVENUE lies on this distribution: 35% of detached houses houses are smaller than 6 PARK AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Markfield.

6 PARK AVENUE: Plot and Title Map

6 PARK AVENUE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 6 PARK AVENUE, 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 6 PARK AVENUE). 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 6 PARK AVENUE?

6 PARK AVENUE is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 6 on PARK AVENUE.