1A, WEST CROSS LANE, MOUNTSORREL, LOUGHBOROUGH, LE12 7BS - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1A WEST CROSS LANE is a small detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £486,207. It was last sold for £380,000 in July 2019, which was around 17% above the average July 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

1A WEST CROSS LANE Sold Prices

Land registry data shows three sales for 1A WEST CROSS 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 1A WEST CROSS 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
2019 25 JUL	£380,000	£325,302	17% above HPI
2010 12 FEB	£249,950	£235,710	6% above HPI
1996 26 SEP	£98,000	£82,254	19% above HPI

1A WEST CROSS 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 1A WEST CROSS LANE sales between September 1996 and July 2019 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 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 1A WEST CROSS LANE be worth now?

1A WEST CROSS LANE might now be worth an estimated £486,207.

This is based on house price inflation of 27.9%, between July 2019 and February 2025, 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 27.9% inflationary increase is applied to the most recent sale price for 1A WEST CROSS LANE of £380,000 on 25th July 2019. For the value to have increased from £380,000 to £486,207 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 1A WEST CROSS LANE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The July 2019 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 1A WEST CROSS LANE has not materially changed since July 2019.

How Large is 1A WEST CROSS LANE?

1A WEST CROSS LANE is 88m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% 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 1A WEST CROSS LANE lies on this distribution: 21% of detached houses houses are smaller than 1A WEST CROSS LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

1A WEST CROSS LANE: Plot and Title Map

1A WEST CROSS LANE sits on a plot of roughly 0.202 of an acre, or 817m². The below map shows the location of 1A WEST CROSS 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 1A WEST CROSS 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 1A WEST CROSS LANE?

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