56, CHITTERMAN WAY, MARKFIELD, LE67 9WU - £127,000

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.

56 CHITTERMAN WAY is a very small terraced house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £217,476. It was last sold for £127,000 in May 2014, which was around 8% above the average May 2014 terraced price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

56 CHITTERMAN WAY Sold Prices

Land registry data shows three sales for 56 CHITTERMAN WAY 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 56 CHITTERMAN WAY sales were for above the average price, whilst one 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
2014 28 MAY	£127,000	£117,542	8% above HPI
2013 22 FEB	£119,000	£109,735	8% above HPI
2012 17 AUG	£100,000	£109,626	9% below HPI

56 CHITTERMAN WAY 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 56 CHITTERMAN WAY sales between August 2012 and May 2014 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 2013 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2014 sale, which was also at 8% above the HPI.

What might 56 CHITTERMAN WAY be worth now?

56 CHITTERMAN WAY might now be worth an estimated £217,476.

This is based on house price inflation of 71.2%, between May 2014 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 71.2% inflationary increase is applied to the most recent sale price for 56 CHITTERMAN WAY of £127,000 on 28th May 2014. For the value to have increased from £127,000 to £217,476 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 56 CHITTERMAN WAY has moved in line with the HPI for terraced houses in the Hinckley and Bosworth local authority area.
• The May 2014 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 56 CHITTERMAN WAY has not materially changed since May 2014.

How Large is 56 CHITTERMAN WAY?

56 CHITTERMAN WAY is 59m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of terraced houses houses in Markfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Markfield, and where 56 CHITTERMAN WAY lies on this distribution: 3% of terraced houses houses are smaller than 56 CHITTERMAN WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Markfield.

56 CHITTERMAN WAY: Plot and Title Map

56 CHITTERMAN WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 56 CHITTERMAN WAY, 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 56 CHITTERMAN WAY). 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 56 CHITTERMAN WAY?

56 CHITTERMAN WAY is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 56 on CHITTERMAN WAY.