1, RED HILL LANE, THURMASTON, LEICESTER, LE4 8FT - £152,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 RED HILL LANE is a small detached house of 79m², built sometime between 1930 and 1949. It was last sold for £152,500 in August 2017, which was around 51% below the average August 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

1 RED HILL LANE Sold Prices

Land registry data shows four sales for 1 RED HILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 1 RED HILL 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
2017 31 AUG	£152,500	£309,863	51% below HPI
2016 8 SEP	£125,000	£287,814	57% below HPI
2004 7 MAY	£108,000	£215,130	50% below HPI
1999 17 DEC	£49,000	£108,515	55% below HPI

1 RED HILL 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 four 1 RED HILL LANE sales between December 1999 and August 2017 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 September 2016 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the August 2017 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 1 RED HILL LANE?

1 RED HILL LANE is 79m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Thurmaston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurmaston, and where 1 RED HILL LANE lies on this distribution: 37% of detached houses are smaller than 1 RED HILL LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Thurmaston.

1 RED HILL LANE: Plot and Title Map

1 RED HILL LANE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 1 RED HILL 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 RED HILL 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 RED HILL LANE?

1 RED HILL LANE is located in THURMASTON, in the LE4 postcode district. The below map shows the position of No. 1 on RED HILL LANE.