1, GRAY LANE, SILEBY, LOUGHBOROUGH, LE12 7GS - £172,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GRAY LANE is a very small detached house of 71m², built sometime between 2003 and 2006, which could now be worth an estimated £222,781. It was last sold for £172,500 in October 2018, which was around 46% below the average October 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

1 GRAY LANE Sold Prices

Land registry data shows three sales for 1 GRAY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 1 GRAY LANE 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
2018 5 OCT	£172,500	£319,055	46% below HPI
2004 9 JUL	£129,950	£219,929	41% below HPI
2001 2 NOV	£77,950	£135,058	42% below HPI

1 GRAY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 1 GRAY LANE sales between November 2001 and October 2018 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 July 2004 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2018 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 1 GRAY LANE be worth now?

1 GRAY LANE might now be worth an estimated £222,781.

This is based on house price inflation of 29.1%, between October 2018 and December 2024, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.1% inflationary increase is applied to the most recent sale price for 1 GRAY LANE of £172,500 on 5th October 2018. For the value to have increased from £172,500 to £222,781 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 GRAY LANE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The October 2018 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GRAY LANE has not materially changed since October 2018.

How Large is 1 GRAY LANE?

1 GRAY LANE is 71m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses houses in Sileby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sileby, and where 1 GRAY LANE lies on this distribution: 7% of detached houses houses are smaller than 1 GRAY LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Sileby.

1 GRAY LANE: Plot and Title Map

1 GRAY LANE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 1 GRAY LANE, 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 1 GRAY LANE). 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 1 GRAY LANE?

1 GRAY LANE is located in SILEBY, in the LE12 postcode district. The below map shows the position of No. 1 on GRAY LANE.