34, RATBY LANE, MARKFIELD, LE67 9RJ - £423,000

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

34 RATBY LANE is a very large extended detached house of 172m², built sometime between 1950 and 1966. It was last sold for £423,000 in February 2020, which was around 38% above the average February 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was D.

34 RATBY LANE Sold Prices

Land registry data shows two sales for 34 RATBY LANE 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 34 RATBY LANE sales was for above the average price, whilst the other was 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
2020 7 FEB	£423,000	£306,695	38% above HPI
2014 14 FEB	£175,000	£225,098	22% below HPI

34 RATBY LANE 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 34 RATBY LANE sales from February 2014 and February 2020 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 February 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 34 RATBY LANE?

34 RATBY LANE is 172m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 20% of detached houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses by size in Markfield, and where 34 RATBY LANE lies on this distribution: 89% of detached houses are smaller than 34 RATBY LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Markfield.

34 RATBY LANE: Plot and Title Map

34 RATBY LANE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 34 RATBY LANE, 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 34 RATBY LANE). 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 34 RATBY LANE?

34 RATBY LANE is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 34 on RATBY LANE.