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
7 BARN WAY is a large extended detached house of 149m², built sometime between 1991 and 1995. It was last sold for £380,000 in May 2018, which was around 26% above the average May 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 7 BARN WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 7 BARN WAY sales were for above 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 |
---|---|---|---|
2018 9 MAY | £380,000 | £302,663 | 26% above HPI |
2000 25 APR | £149,950 | £99,215 | 51% above HPI |
1998 25 NOV | £135,000 | £89,224 | 51% above HPI |
1995 24 NOV | £123,500 | £73,880 | 67% above HPI |
The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 7 BARN WAY sales between November 1995 and May 2018 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 April 2000 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the May 2018 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.
7 BARN WAY is 149m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 30% of detached houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses by size in Markfield, and where 7 BARN WAY lies on this distribution: 79% of detached houses are smaller than 7 BARN WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Markfield.
7 BARN WAY sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 7 BARN 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 7 BARN 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.
7 BARN WAY is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 7 on BARN WAY.