2, PASTURE LANE, NEWBOLD VERDON, LEICESTER, LE9 9PP - £450,000

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 PASTURE LANE is a very large extended detached house of 197m², built sometime between 1900 and 1929. It was last sold for £450,000 in March 2024, which was around 16% above the average March 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 PASTURE LANE Sold Prices

Land registry data shows four sales for 2 PASTURE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 2 PASTURE 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
2024 7 MAR	£450,000	£386,582	16% above HPI
2020 21 DEC	£425,000	£337,653	26% above HPI
2002 22 NOV	£200,000	£161,143	24% above HPI
1999 30 JUL	£114,995	£93,753	23% above HPI

2 PASTURE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 2 PASTURE LANE sales between July 1999 and March 2024 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 2020 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2024 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 2 PASTURE LANE?

2 PASTURE LANE is 197m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold Verdon, and where 2 PASTURE LANE lies on this distribution: 94% of detached houses are smaller than 2 PASTURE LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

2 PASTURE LANE: Plot and Title Map

2 PASTURE LANE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 2 PASTURE 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 PASTURE 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 PASTURE LANE?

2 PASTURE LANE is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 2 on PASTURE LANE.