15, OTTER LANE, MOUNTSORREL, LOUGHBOROUGH, LE12 7GF - £188,000

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

15 OTTER LANE is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £188,000 in September 2016, which was around 35% below the average September 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

15 OTTER LANE Sold Prices

Land registry data shows four sales for 15 OTTER 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 15 OTTER 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
2016 30 SEP	£188,000	£287,814	35% below HPI
2012 15 FEB	£148,000	£230,611	36% below HPI
2001 5 JUL	£108,000	£129,518	17% below HPI
1998 5 JUN	£66,950	£94,152	29% below HPI

15 OTTER 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 15 OTTER LANE sales between June 1998 and September 2016 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 February 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2016 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 15 OTTER LANE?

15 OTTER LANE is 68m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses by size in Mountsorrel, and where 15 OTTER LANE lies on this distribution: 5% of detached houses are smaller than 15 OTTER LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

15 OTTER LANE: Plot and Title Map

15 OTTER LANE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 15 OTTER 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 15 OTTER 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 15 OTTER LANE?

15 OTTER LANE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 15 on OTTER LANE.