2, MARIGOLD LANE, MOUNTSORREL, LOUGHBOROUGH, LE12 7FP - £179,000

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.

2 MARIGOLD LANE is a very small detached house of 67m², built sometime between 2003 and 2006, which could now be worth an estimated £243,125. It was last sold for £179,000 in September 2017, which was around 42% below the average September 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

2 MARIGOLD LANE Sold Prices

Land registry data shows three sales for 2 MARIGOLD 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 2 MARIGOLD 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
2017 1 SEP	£179,000	£306,442	42% below HPI
2012 9 JAN	£142,000	£231,961	39% below HPI
2001 28 SEP	£85,500	£131,317	35% below HPI

2 MARIGOLD 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 2 MARIGOLD LANE sales between September 2001 and September 2017 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 January 2012 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2017 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 2 MARIGOLD LANE be worth now?

2 MARIGOLD LANE might now be worth an estimated £243,125.

This is based on house price inflation of 35.8%, between September 2017 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 35.8% inflationary increase is applied to the most recent sale price for 2 MARIGOLD LANE of £179,000 on 1st September 2017. For the value to have increased from £179,000 to £243,125 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 MARIGOLD LANE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The September 2017 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARIGOLD LANE has not materially changed since September 2017.

How Large is 2 MARIGOLD LANE?

2 MARIGOLD LANE is 67m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 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 2 MARIGOLD LANE lies on this distribution: 5% of detached houses houses are smaller than 2 MARIGOLD LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

2 MARIGOLD LANE: Plot and Title Map

2 MARIGOLD LANE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 2 MARIGOLD 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 MARIGOLD 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 MARIGOLD LANE?

2 MARIGOLD LANE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 2 on MARIGOLD LANE.