194, MARKFIELD ROAD, GROBY, LEICESTER, LE6 0FS - £239,950

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.

194 MARKFIELD ROAD is a very small semi-detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £264,706. It was last sold for £239,950 in April 2022, which was around 5% above the average April 2022 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

194 MARKFIELD ROAD Sold Prices

Land registry data shows six sales for 194 MARKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Most of the six 194 MARKFIELD 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
2022 14 APR	£239,950	£229,591	5% above HPI
2016 18 NOV	£163,000	£160,633	1% above HPI
2013 29 AUG	£100,000	£132,558	25% below HPI
2009 8 MAY	£100,000	£124,139	19% below HPI
2007 2 NOV	£117,000	£151,113	23% below HPI
2004 6 JUL	£115,000	£124,836	8% below HPI

194 MARKFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The six 194 MARKFIELD ROAD sales between July 2004 and April 2022 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 November 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 194 MARKFIELD ROAD be worth now?

194 MARKFIELD ROAD might now be worth an estimated £264,706.

This is based on house price inflation of 10.3%, between April 2022 and March 2025, for semi-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 10.3% inflationary increase is applied to the most recent sale price for 194 MARKFIELD ROAD of £239,950 on 14th April 2022. For the value to have increased from £239,950 to £264,706 over the three years and one month to March 2025, the following assumptions must hold true:

• The value of 194 MARKFIELD ROAD has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The April 2022 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of 194 MARKFIELD ROAD has not materially changed since April 2022.

How Large is 194 MARKFIELD ROAD?

194 MARKFIELD ROAD is 66m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of semi-detached houses houses in Groby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Groby, and where 194 MARKFIELD ROAD lies on this distribution: 7% of semi-detached houses houses are smaller than 194 MARKFIELD ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Groby.

194 MARKFIELD ROAD: Plot and Title Map

194 MARKFIELD ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 194 MARKFIELD 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 194 MARKFIELD 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 194 MARKFIELD ROAD?

194 MARKFIELD ROAD is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 194 on MARKFIELD ROAD.