87, RECTORY ROAD, MARKFIELD, LE67 9WN - £220,000

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

87 RECTORY ROAD is a small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £220,000 in October 2018, which was around 30% below the average October 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

87 RECTORY ROAD Sold Prices

Land registry data shows two sales for 87 RECTORY ROAD 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 87 RECTORY ROAD 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
2018 22 OCT	£220,000	£314,068	30% below HPI
2013 16 SEP	£157,000	£220,165	29% below HPI

87 RECTORY ROAD 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 87 RECTORY ROAD sales from September 2013 and October 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 September 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 87 RECTORY ROAD?

87 RECTORY ROAD is 89m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 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 87 RECTORY ROAD lies on this distribution: 29% of detached houses are smaller than 87 RECTORY ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Markfield.

87 RECTORY ROAD: Plot and Title Map

87 RECTORY ROAD sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 87 RECTORY ROAD, 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 87 RECTORY ROAD). 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 87 RECTORY ROAD?

87 RECTORY ROAD is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 87 on RECTORY ROAD.