3, THE PADDOCK, MARKFIELD, LE67 9RR - £350,000

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.

3 THE PADDOCK is a small extended detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £373,518. It was last sold for £350,000 in May 2022, which was around 3% below the average May 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

3 THE PADDOCK Sold Prices

Land registry data shows two sales for 3 THE PADDOCK 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. One of the two 3 THE PADDOCK sales was for below the average price, whilst the other was 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
2022 12 MAY	£350,000	£359,349	3% below HPI
2004 9 JUL	£202,000	£191,430	6% above HPI

3 THE PADDOCK 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 3 THE PADDOCK sales from July 2004 and May 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 July 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 THE PADDOCK be worth now?

3 THE PADDOCK might now be worth an estimated £373,518.

This is based on house price inflation of 6.7%, between May 2022 and March 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 6.7% inflationary increase is applied to the most recent sale price for 3 THE PADDOCK of £350,000 on 12th May 2022. For the value to have increased from £350,000 to £373,518 over the three years and two months to March 2025, the following assumptions must hold true:

• The value of 3 THE PADDOCK has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The May 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE PADDOCK has not materially changed since May 2022.

How Large is 3 THE PADDOCK?

3 THE PADDOCK is 94m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% 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 3 THE PADDOCK lies on this distribution: 37% of detached houses houses are smaller than 3 THE PADDOCK, and 63% of houses are larger. Note that EPC data is not available for all properties in Markfield.

3 THE PADDOCK: Plot and Title Map

3 THE PADDOCK sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 3 THE PADDOCK, 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 3 THE PADDOCK). 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 3 THE PADDOCK?

3 THE PADDOCK is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 3 on THE PADDOCK.