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

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 SWITHLAND CLOSE is a very small detached house of 48m², built sometime between 1996 and 2002, which could now be worth an estimated £190,260. It was last sold for £59,950 in November 2001, which was around 50% 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	£120,949	50% below HPI
1996 26 JAN	£52,950	£70,024	24% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2001 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 5 SWITHLAND CLOSE be worth now?

5 SWITHLAND CLOSE might now be worth an estimated £190,260.

This is based on house price inflation of 217.4%, between November 2001 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 217.4% inflationary increase is applied to the most recent sale price for 5 SWITHLAND CLOSE of £59,950 on 23rd November 2001. For the value to have increased from £59,950 to £190,260 over the 25 years and six months to May 2026, the following assumptions must hold true:

• The value of 5 SWITHLAND CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2001 sale price of £59,950 represented a fair market value for the property.
• The size, condition, and specification of 5 SWITHLAND CLOSE has not materially changed since November 2001.

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 houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Markfield, and where 5 SWITHLAND CLOSE lies on this distribution: Less than 1% of detached houses 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 0.057 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.