2, THE LAKINS, MEASHAM, SWADLINCOTE, DE12 7AY - £138,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE LAKINS is a very small semi-detached house of 78m², built sometime between 2003 and 2006. It was last sold for £138,000 in February 2015, which was around 8% below the average February 2015 semi-detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

2 THE LAKINS Sold Prices

Land registry data shows three sales for 2 THE LAKINS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North West Leicestershire local authority area for the corresponding sale date. One of the three 2 THE LAKINS sales was for below the average price, whilst two 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
2015 17 FEB	£138,000	£149,972	8% below HPI
2006 9 JUN	£144,000	£141,658	2% above HPI
2004 16 APR	£127,600	£118,462	8% above HPI

2 THE LAKINS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 2 THE LAKINS sales between April 2004 and February 2015 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 June 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 THE LAKINS be worth now?

2 THE LAKINS might now be worth an estimated £223,688.

This is based on house price inflation of 62.1%, between February 2015 and December 2024, for semi-detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.1% inflationary increase is applied to the most recent sale price for 2 THE LAKINS of £138,000 on 17th February 2015. For the value to have increased from £138,000 to £223,688 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 2 THE LAKINS has moved in line with the HPI for semi-detached houses in the North West Leicestershire local authority area.
• The February 2015 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE LAKINS has not materially changed since February 2015.

How Large is 2 THE LAKINS?

2 THE LAKINS is 78m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of semi-detached houses houses in Measham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Measham, and where 2 THE LAKINS lies on this distribution: 17% of semi-detached houses houses are smaller than 2 THE LAKINS, and 82% of houses are larger. Note that EPC data is not available for all properties in Measham.

2 THE LAKINS: Plot and Title Map

2 THE LAKINS sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 2 THE LAKINS, 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 THE LAKINS). 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 THE LAKINS?

2 THE LAKINS is located in MEASHAM, in the DE12 postcode district. The below map shows the position of No. 2 on THE LAKINS.