106, CROSS LANE, MOUNTSORREL, LOUGHBOROUGH, LE12 7BZ - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

106 CROSS LANE is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £240,000 in January 2015, which was around 9% below the average January 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

106 CROSS LANE Sold Prices

Land registry data shows three sales for 106 CROSS 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 106 CROSS 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
2015 23 JAN	£240,000	£263,675	9% below HPI
2011 28 JAN	£219,000	£244,907	11% below HPI
2008 3 APR	£225,000	£253,836	11% below HPI

106 CROSS 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 106 CROSS LANE sales between April 2008 and January 2015 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 January 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 106 CROSS LANE?

106 CROSS LANE is 84m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses by size in Mountsorrel, and where 106 CROSS LANE lies on this distribution: 17% of detached houses are smaller than 106 CROSS LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

106 CROSS LANE: Plot and Title Map

106 CROSS LANE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 106 CROSS 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 106 CROSS 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 106 CROSS LANE?

106 CROSS LANE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 106 on CROSS LANE.