14, LANTERN LANE, EAST LEAKE, LOUGHBOROUGH, LE12 6QN - £307,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 LANTERN LANE is a very large extended detached house of 145m², built sometime from 2007 onwards, which could now be worth an estimated £411,175. It was last sold for £307,000 in April 2019, which was around 19% below the average April 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

14 LANTERN LANE Sold Prices

Land registry data shows two sales for 14 LANTERN 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 Rushcliffe local authority area for the corresponding sale date. One of the two 14 LANTERN LANE sales was for below the average price, whilst the other 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
2019 18 APR	£307,000	£377,962	19% below HPI
2007 2 MAR	£325,000	£268,984	21% above HPI

14 LANTERN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 14 LANTERN LANE sales from March 2007 and April 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 March 2007 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 14 LANTERN LANE be worth now?

14 LANTERN LANE might now be worth an estimated £411,175.

This is based on house price inflation of 33.9%, between April 2019 and March 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.9% inflationary increase is applied to the most recent sale price for 14 LANTERN LANE of £307,000 on 18th April 2019. For the value to have increased from £307,000 to £411,175 over the six years and one month to March 2025, the following assumptions must hold true:

• The value of 14 LANTERN LANE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The April 2019 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LANTERN LANE has not materially changed since April 2019.

How Large is 14 LANTERN LANE?

14 LANTERN LANE is 145m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 20% of detached houses houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Leake, and where 14 LANTERN LANE lies on this distribution: 82% of detached houses houses are smaller than 14 LANTERN LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in East Leake.

14 LANTERN LANE: Plot and Title Map

14 LANTERN LANE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 14 LANTERN 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 14 LANTERN 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 14 LANTERN LANE?

14 LANTERN LANE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 14 on LANTERN LANE.