15, VIOLET LANE, LOUGHBOROUGH, LE11 2FG - £320,000

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

15 VIOLET LANE is a small detached house of 88m². It was last sold for £320,000 in June 2023, which was around 23% below the average June 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

15 VIOLET LANE Sold Prices

Land registry data shows two sales for 15 VIOLET 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. Both of the two 15 VIOLET 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
2023 5 JUN	£320,000	£417,686	23% below HPI
2020 31 JUL	£274,750	£334,693	18% below HPI

15 VIOLET 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 15 VIOLET LANE sales from July 2020 and June 2023 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 July 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 15 VIOLET LANE?

15 VIOLET LANE is 88m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 15 VIOLET LANE lies on this distribution: 21% of detached houses are smaller than 15 VIOLET LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

15 VIOLET LANE: Plot and Title Map

15 VIOLET LANE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 15 VIOLET 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 VIOLET 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 VIOLET LANE?

15 VIOLET LANE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 15 on VIOLET LANE.