LILAC COTTAGE, VICARAGE LANE, BELTON, LOUGHBOROUGH, LE12 9XD - £192,000

LILAC COTTAGE is a very small extended detached house of 93m², built sometime before 1900. It was last sold for £192,000 in December 2012, which was around 6% below the average December 2012 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was F, and the potential energy rating was F.

LILAC COTTAGE Sold Prices

Land registry data shows three sales for LILAC COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Two of the three LILAC COTTAGE sales were for below the average price, whilst one was for above 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
2012 19 DEC	£192,000	£204,203	6% below HPI
1999 11 JUN	£104,500	£90,280	16% above HPI
1998 8 MAY	£77,500	£81,125	4% below HPI

LILAC COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three LILAC COTTAGE sales between May 1998 and December 2012 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 June 1999 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 93m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses in Belton, based on EPC data. The below chart shows the distribution of detached houses by size in Belton, and where LILAC COTTAGE lies on this distribution: 8% of detached houses are smaller than LILAC COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Belton.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of LILAC COTTAGE, 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 LILAC COTTAGE). 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 LILAC COTTAGE?

LILAC COTTAGE is located on VICARAGE LANE in BELTON, in the LE12 postcode district. The below map shows the position of LILAC COTTAGE on VICARAGE LANE.