18, GRANGE LANE, MOUNTSORREL, LOUGHBOROUGH, LE12 7HY - £670,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 GRANGE LANE is a very large extended detached house of 165m², built sometime between 1991 and 1995. It was last sold for £670,000 in July 2023, which was around 61% above the average July 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

18 GRANGE LANE Sold Prices

Land registry data shows three sales for 18 GRANGE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 18 GRANGE LANE sales were 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
2023 28 JUL	£670,000	£415,703	61% above HPI
2011 3 AUG	£360,000	£239,089	51% above HPI
1995 7 DEC	£143,000	£81,673	75% above HPI

18 GRANGE 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 three 18 GRANGE LANE sales between December 1995 and July 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 August 2011 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the July 2023 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 18 GRANGE LANE be worth now?

18 GRANGE LANE might now be worth an estimated £664,119.

This is based on house price deflation of 0.9%, between July 2023 and December 2024, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.9% deflationary decrease is applied to the most recent sale price for 18 GRANGE LANE of £670,000 on 28th July 2023. For the value to have decreased from £670,000 to £664,119 over the seven months to December 2024, the following assumptions must hold true:

• The value of 18 GRANGE LANE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The July 2023 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GRANGE LANE has not materially changed since July 2023.

How Large is 18 GRANGE LANE?

18 GRANGE LANE is 165m², which includes three extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of detached houses houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mountsorrel, and where 18 GRANGE LANE lies on this distribution: 91% of detached houses houses are smaller than 18 GRANGE LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

18 GRANGE LANE: Plot and Title Map

18 GRANGE LANE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 18 GRANGE 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 18 GRANGE 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 18 GRANGE LANE?

18 GRANGE LANE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 18 on GRANGE LANE.