12, OLD FARM LANE, NEWBOLD VERDON, LEICESTER, LE9 9PX - £259,950

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

12 OLD FARM LANE is a small detached house of 98m². It was last sold for £259,950 in February 2019, which was around 15% below the average February 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was B.

12 OLD FARM LANE Sold Prices

Land registry data shows two sales for 12 OLD FARM LANE 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 12 OLD FARM 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
2019 20 FEB	£259,950	£305,819	15% below HPI
2018 30 NOV	£270,000	£312,907	14% below HPI

12 OLD FARM LANE 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 12 OLD FARM LANE sales from November 2018 and February 2019 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 November 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 12 OLD FARM LANE?

12 OLD FARM LANE is 98m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold Verdon, and where 12 OLD FARM LANE lies on this distribution: 32% of detached houses are smaller than 12 OLD FARM LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

12 OLD FARM LANE: Plot and Title Map

12 OLD FARM LANE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 12 OLD FARM 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 12 OLD FARM 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 12 OLD FARM LANE?

12 OLD FARM LANE is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 12 on OLD FARM LANE.