5, SWITHLAND CLOSE, MARKFIELD, LE67 9SE - £59,950

5 SWITHLAND CLOSE is a very small detached house of 48m², built sometime between 1996 and 2002. It was last sold for £59,950 in November 2001, which was around 53% below the average November 2001 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

5 SWITHLAND CLOSE Sold Prices

Land registry data shows two sales for 5 SWITHLAND CLOSE 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 5 SWITHLAND CLOSE sales were 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
2001 23 NOV	£59,950	£127,256	53% below HPI
1996 26 JAN	£52,950	£73,675	28% below HPI

5 SWITHLAND CLOSE 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 5 SWITHLAND CLOSE sales from January 1996 and November 2001 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 January 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2001 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 5 SWITHLAND CLOSE?

5 SWITHLAND CLOSE is 48m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses by size in Markfield, and where 5 SWITHLAND CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 5 SWITHLAND CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Markfield.

5 SWITHLAND CLOSE: Plot and Title Map

5 SWITHLAND CLOSE sits on a plot of roughly 0.056 of an acre, or 229m². The below map shows the location of 5 SWITHLAND CLOSE, 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 SWITHLAND CLOSE). 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 SWITHLAND CLOSE?

5 SWITHLAND CLOSE is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 5 on SWITHLAND CLOSE.