1A, CASTLE ROAD, MOUNTSORREL, LOUGHBOROUGH, LE12 7ET - £170,000

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

1A CASTLE ROAD is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £170,000 in July 2016, which was around 41% below the average July 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

1A CASTLE ROAD Sold Prices

Land registry data shows two sales for 1A CASTLE ROAD 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 1A CASTLE ROAD 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 1 JUL	£170,000	£287,063	41% below HPI
2003 19 DEC	£132,000	£210,833	37% below HPI

1A CASTLE ROAD 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 1A CASTLE ROAD sales from December 2003 and July 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 December 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 1A CASTLE ROAD?

1A CASTLE ROAD is 80m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses by size in Mountsorrel, and where 1A CASTLE ROAD lies on this distribution: 11% of detached houses are smaller than 1A CASTLE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

1A CASTLE ROAD: Plot and Title Map

1A CASTLE ROAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 1A CASTLE ROAD, 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 1A CASTLE ROAD). 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 1A CASTLE ROAD?

1A CASTLE ROAD is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 1A on CASTLE ROAD.