THE BARN, RATBY LANE, MARKFIELD, LE67 9RJ - £350,000

THE BARN is a large extended detached house of 143m², built sometime between 1930 and 1949. It was last sold for £350,000 in November 2018, which was around 12% above the average November 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

THE BARN Sold Prices

Land registry data shows two sales for THE BARN 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 THE BARN 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 21 NOV	£350,000	£312,907	12% above HPI
2008 23 JUL	£350,000	£225,681	55% above HPI

THE BARN 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 THE BARN sales from July 2008 and November 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 July 2008 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the November 2018 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is THE BARN?

THE BARN is 143m², which includes two extensions, according to the EPC inspection conducted in March 2024. 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 THE BARN lies on this distribution: 77% of detached houses are smaller than THE BARN, and 23% of houses are larger. Note that EPC data is not available for all properties in Markfield.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.436 of an acre, or 1,766m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

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