4, THE ELMS, MARKFIELD, LE67 9SZ - £442,500

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.

4 THE ELMS is a large extended detached house of 149m², built sometime between 1996 and 2002, which could now be worth an estimated £457,646. It was last sold for £442,500 in August 2024, which was around 19% above the average August 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

4 THE ELMS Sold Prices

Land registry data shows two sales for 4 THE ELMS 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 4 THE ELMS 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
2024 9 AUG	£442,500	£371,146	19% above HPI
2000 12 MAY	£166,950	£100,004	67% above HPI

4 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 two 4 THE ELMS sales from May 2000 and August 2024 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 May 2000 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the August 2024 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 4 THE ELMS be worth now?

4 THE ELMS might now be worth an estimated £457,646.

This is based on house price inflation of 3.4%, between August 2024 and May 2026, 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 3.4% inflationary increase is applied to the most recent sale price for 4 THE ELMS of £442,500 on 9th August 2024. For the value to have increased from £442,500 to £457,646 over the two years and three months to May 2026, the following assumptions must hold true:

• The value of 4 THE ELMS has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2024 sale price of £442,500 represented a fair market value for the property.
• The size, condition, and specification of 4 THE ELMS has not materially changed since August 2024.

How Large is 4 THE ELMS?

4 THE ELMS is 149m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 30% 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 4 THE ELMS lies on this distribution: 78% of detached houses houses are smaller than 4 THE ELMS, and 21% of houses are larger. Note that EPC data is not available for all properties in Markfield.

4 THE ELMS: Plot and Title Map

4 THE ELMS sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 4 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 4 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 4 THE ELMS?

4 THE ELMS is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 4 on THE ELMS.