5, MARKFIELD ROAD, GROBY, LEICESTER, LE6 0FL - £99,950

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.

5 MARKFIELD ROAD is a very small terraced house of 42m², built sometime before 1900, which could now be worth an estimated £155,662. It was last sold for £99,950 in June 2016, which was around 23% below the average June 2016 terraced price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

5 MARKFIELD ROAD Sold Prices

Land registry data shows three sales for 5 MARKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Hinckley and Bosworth local authority area for the corresponding sale date. Two of the three 5 MARKFIELD ROAD sales were for below the average price, whilst one 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
2016 27 JUN	£99,950	£129,241	23% below HPI
2003 27 JUN	£93,000	£81,797	14% above HPI
2000 11 FEB	£34,500	£44,018	22% below HPI

5 MARKFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 5 MARKFIELD ROAD sales between February 2000 and June 2016 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 June 2003 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 5 MARKFIELD ROAD be worth now?

5 MARKFIELD ROAD might now be worth an estimated £155,662.

This is based on house price inflation of 55.7%, between June 2016 and May 2026, for terraced 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 55.7% inflationary increase is applied to the most recent sale price for 5 MARKFIELD ROAD of £99,950 on 27th June 2016. For the value to have increased from £99,950 to £155,662 over the ten years and one month to May 2026, the following assumptions must hold true:

• The value of 5 MARKFIELD ROAD has moved in line with the HPI for terraced houses in the Hinckley and Bosworth local authority area.
• The June 2016 sale price of £99,950 represented a fair market value for the property.
• The size, condition, and specification of 5 MARKFIELD ROAD has not materially changed since June 2016.

How Large is 5 MARKFIELD ROAD?

5 MARKFIELD ROAD is 42m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of terraced houses houses in Groby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Groby, and where 5 MARKFIELD ROAD lies on this distribution: Less than 1% of terraced houses houses are smaller than 5 MARKFIELD ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Groby.

5 MARKFIELD ROAD: Plot and Title Map

5 MARKFIELD ROAD sits on a plot of roughly 0.007 of an acre, or 29m². The below map shows the location of 5 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 5 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 5 MARKFIELD ROAD?

5 MARKFIELD ROAD is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 5 on MARKFIELD ROAD.