2, SMITHY LANE, LONG WHATTON, LOUGHBOROUGH, LE12 5BE - £200,000

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 SMITHY LANE is a very large detached house of 185m². It was last sold for £200,000 in October 2019, which was around 32% below the average October 2019 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was B.

2 SMITHY LANE Sold Prices

Land registry data shows four sales for 2 SMITHY 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 North West Leicestershire local authority area for the corresponding sale date. two of the four 2 SMITHY LANE sales were for below the average price, and four 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 31 OCT	£200,000	£295,214	32% below HPI
2017 8 DEC	£550,000	£271,717	102% above HPI
2015 17 DEC	£250,000	£242,625	3% above HPI
1995 20 OCT	£65,000	£74,545	13% below HPI

2 SMITHY 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 four 2 SMITHY LANE sales between October 1995 and October 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 December 2017 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the October 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 SMITHY LANE?

2 SMITHY LANE is 185m² according to the EPC inspection conducted in October 2019. This puts it in the largest 20% of detached houses in Long Whatton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Whatton, and where 2 SMITHY LANE lies on this distribution: 81% of detached houses are smaller than 2 SMITHY LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Long Whatton.

2 SMITHY LANE: Plot and Title Map

2 SMITHY LANE sits on a plot of roughly 0.196 of an acre, or 793m². The below map shows the location of 2 SMITHY 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 SMITHY 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 SMITHY LANE?

2 SMITHY LANE is located in LONG WHATTON, in the LE12 postcode district. The below map shows the position of No. 2 on SMITHY LANE.