JASMINE, RATBY LANE, MARKFIELD, LE67 9RJ - £280,000

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.

JASMINE is a very large extended detached house of 269m², built sometime between 1950 and 1966, which could now be worth an estimated £479,109. It was last sold for £280,000 in July 2014, which was around 26% above the average July 2014 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

JASMINE Sold Prices

Land registry data shows three sales for JASMINE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three JASMINE 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
2014 2 JUL	£280,000	£222,691	26% above HPI
2001 18 MAY	£315,000	£109,109	189% above HPI
1998 17 APR	£269,000	£79,302	239% above HPI

JASMINE 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 three JASMINE sales between April 1998 and July 2014 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 2001 sale was for 189% above the HPI. So the extrapolation line tracks at 189% above the HPI over time, until the July 2014 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might JASMINE be worth now?

JASMINE might now be worth an estimated £479,109.

This is based on house price inflation of 71.1%, between July 2014 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 71.1% inflationary increase is applied to the most recent sale price for JASMINE of £280,000 on 2nd July 2014. For the value to have increased from £280,000 to £479,109 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of JASMINE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The July 2014 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of JASMINE has not materially changed since July 2014.

How Large is JASMINE?

JASMINE is 269m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the largest 10% 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 JASMINE lies on this distribution: 98% of detached houses houses are smaller than JASMINE, and 2% of houses are larger. Note that EPC data is not available for all properties in Markfield.

JASMINE: Plot and Title Map

JASMINE sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of JASMINE, 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 JASMINE). 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 JASMINE?

JASMINE is located on RATBY LANE in MARKFIELD, in the LE67 postcode district. The below map shows the position of JASMINE on RATBY LANE.