2, FIELD LANE, BOUNDARY, SWADLINCOTE, DE11 7BT - £155,000

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

2 FIELD LANE is a very small extended detached house of 60m², built sometime between 1950 and 1966. It was last sold for £155,000 in July 2014, which was around 32% below the average July 2014 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was November 2012, where the current energy rating was F, and the potential energy rating was D.

2 FIELD LANE Sold Prices

Land registry data shows two sales for 2 FIELD 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 North West Leicestershire local authority area for the corresponding sale date. Both of the two 2 FIELD 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
2014 22 JUL	£155,000	£227,588	32% below HPI
2013 21 AUG	£140,000	£215,740	35% below HPI

2 FIELD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 2 FIELD LANE sales from August 2013 and July 2014 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 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2014 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 FIELD LANE?

2 FIELD LANE is 60m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses in Woodville, based on EPC data. The below chart shows the distribution of detached houses by size in Woodville, and where 2 FIELD LANE lies on this distribution: 1% of detached houses are smaller than 2 FIELD LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Woodville.

2 FIELD LANE: Plot and Title Map

2 FIELD LANE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 2 FIELD 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 2 FIELD 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 2 FIELD LANE?

2 FIELD LANE is located in BOUNDARY, in the DE11 postcode district. The below map shows the position of No. 2 on FIELD LANE.