2, THE ELMS, MARKFIELD, LE67 9SZ - £275,000

2 THE ELMS is a midsized extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £275,000 in March 2017, which was about the average March 2017 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

2 THE ELMS Sold Prices

Land registry data shows five sales for 2 THE ELMS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. The five 2 THE ELMS sales were a mix of roughly equal to the average price, and 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
2017 24 MAR	£275,000	£276,344	Close to HPI
2013 4 SEP	£212,000	£220,165	4% below HPI
2002 5 APR	£125,000	£137,541	9% below HPI
2001 29 JUN	£118,000	£117,550	Close to HPI
1999 26 NOV	£95,000	£101,009	6% below HPI

2 THE ELMS 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 five 2 THE ELMS sales between November 1999 and March 2017 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 THE ELMS?

2 THE ELMS is 110m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses by size in Markfield, and where 2 THE ELMS lies on this distribution: 50% of detached houses are smaller than 2 THE ELMS, and 49% of houses are larger. Note that EPC data is not available for all properties in Markfield.

2 THE ELMS: Plot and Title Map

2 THE ELMS sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 2 THE ELMS, 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 2 THE ELMS). 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 2 THE ELMS?

2 THE ELMS is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 2 on THE ELMS.