8, THE LAURELS, MARKFIELD, LE67 9HA - £110,000

8 THE LAURELS is a very small detached house of 63m², built sometime between 1983 and 1990. It was last sold for £110,000 in April 2013, which was around 49% below the average April 2013 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

8 THE LAURELS Sold Prices

Land registry data shows two sales for 8 THE LAURELS 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 8 THE LAURELS 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
2013 12 APR	£110,000	£215,736	49% below HPI
2006 13 APR	£134,000	£224,293	40% below HPI

8 THE LAURELS 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 8 THE LAURELS sales from April 2006 and April 2013 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 April 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2013 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 8 THE LAURELS?

8 THE LAURELS is 63m² according to the EPC inspection conducted in October 2012. 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 8 THE LAURELS lies on this distribution: 7% of detached houses are smaller than 8 THE LAURELS, and 93% of houses are larger. Note that EPC data is not available for all properties in Markfield.

8 THE LAURELS: Plot and Title Map

8 THE LAURELS sits on a plot of roughly 1.3 acres, or 5,437m². The below map shows the location of 8 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

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