THE PIECES, QUEEN STREET, MARKFIELD, LE67 9WB - £550,000

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

THE PIECES is a very large extended detached house of 227m², built sometime before 1900. It was last sold for £550,000 in February 2023, which was around 40% above the average February 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

THE PIECES Sold Prices

Land registry data shows two sales for THE PIECES 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 PIECES 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
2023 3 FEB	£550,000	£393,129	40% above HPI
2000 30 JUN	£145,000	£107,073	35% above HPI

THE PIECES 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 PIECES sales from June 2000 and February 2023 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 June 2000 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2023 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is THE PIECES?

THE PIECES is 227m², which includes four extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% 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 PIECES lies on this distribution: 96% of detached houses are smaller than THE PIECES, and 4% of houses are larger. Note that EPC data is not available for all properties in Markfield.

THE PIECES: Plot and Title Map

THE PIECES sits on a plot of roughly 0.229 of an acre, or 928m². The below map shows the location of THE PIECES, 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 PIECES). 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 PIECES?

THE PIECES is located on QUEEN STREET in MARKFIELD, in the LE67 postcode district. The below map shows the position of THE PIECES on QUEEN STREET.