14, RECTORY LANE, THURCASTON, LEICESTER, LE7 7JQ - £345,000

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

14 RECTORY LANE is a midsized extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £345,000 in April 2015, which was around 30% above the average April 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.

14 RECTORY LANE Sold Prices

Land registry data shows two sales for 14 RECTORY 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 Charnwood local authority area for the corresponding sale date. One of the two 14 RECTORY LANE sales was for above the average price, whilst the other was 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 13 APR	£345,000	£265,758	30% above HPI
2005 19 AUG	£220,500	£232,816	5% below HPI

14 RECTORY 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 two 14 RECTORY LANE sales from August 2005 and April 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 August 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2015 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 14 RECTORY LANE?

14 RECTORY LANE is 131m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 50% of detached houses in Thurcaston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurcaston, and where 14 RECTORY LANE lies on this distribution: 50% of detached houses are smaller than 14 RECTORY LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Thurcaston.

14 RECTORY LANE: Plot and Title Map

14 RECTORY LANE sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of 14 RECTORY 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 RECTORY 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 RECTORY LANE?

14 RECTORY LANE is located in THURCASTON, in the LE7 postcode district. The below map shows the position of No. 14 on RECTORY LANE.