8, SWITHLAND CLOSE, MARKFIELD, LE67 9SE - £185,200

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.

8 SWITHLAND CLOSE is a very small extended semi-detached house of 50m², built sometime between 1976 and 1982, which could now be worth an estimated £217,759. It was last sold for £185,200 in September 2021, which was around 14% below the average September 2021 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

8 SWITHLAND CLOSE Sold Prices

Land registry data shows four sales for 8 SWITHLAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 8 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
2021 10 SEP	£185,200	£215,100	14% below HPI
2018 14 DEC	£155,000	£187,571	17% below HPI
2004 29 NOV	£116,000	£134,878	14% below HPI
2001 8 JUN	£57,000	£67,716	16% below HPI

8 SWITHLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 8 SWITHLAND CLOSE sales between June 2001 and September 2021 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 December 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 SWITHLAND CLOSE be worth now?

8 SWITHLAND CLOSE might now be worth an estimated £217,759.

This is based on house price inflation of 17.6%, between September 2021 and May 2026, for semi-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 17.6% inflationary increase is applied to the most recent sale price for 8 SWITHLAND CLOSE of £185,200 on 10th September 2021. For the value to have increased from £185,200 to £217,759 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 8 SWITHLAND CLOSE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The September 2021 sale price of £185,200 represented a fair market value for the property.
• The size, condition, and specification of 8 SWITHLAND CLOSE has not materially changed since September 2021.

How Large is 8 SWITHLAND CLOSE?

8 SWITHLAND CLOSE is 50m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of semi-detached houses houses in Markfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Markfield, and where 8 SWITHLAND CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 8 SWITHLAND CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Markfield.

8 SWITHLAND CLOSE: Plot and Title Map

8 SWITHLAND CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 8 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 8 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 8 SWITHLAND CLOSE?

8 SWITHLAND CLOSE is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 8 on SWITHLAND CLOSE.