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

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

87 RECTORY ROAD is a small extended detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £281,394. It was last sold for £220,000 in October 2018, which was around 26% 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	£298,502	26% below HPI
2013 16 SEP	£157,000	£209,254	25% 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 87 RECTORY ROAD be worth now?

87 RECTORY ROAD might now be worth an estimated £281,394.

This is based on house price inflation of 27.9%, between October 2018 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 27.9% inflationary increase is applied to the most recent sale price for 87 RECTORY ROAD of £220,000 on 22nd October 2018. For the value to have increased from £220,000 to £281,394 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 87 RECTORY ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The October 2018 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 87 RECTORY ROAD has not materially changed since October 2018.

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 houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Markfield, and where 87 RECTORY ROAD lies on this distribution: 28% of detached houses 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.