21, LEMONTREE LANE, LOUGHBOROUGH, LE11 2QS - £250,000

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

21 LEMONTREE LANE is a very small extended detached house of 73m², built sometime between 1991 and 1995. It was last sold for £250,000 in July 2020, which was around 25% below the average July 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

21 LEMONTREE LANE Sold Prices

Land registry data shows three sales for 21 LEMONTREE 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 21 LEMONTREE 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
2020 8 JUL	£250,000	£334,693	25% below HPI
2010 4 JUN	£193,000	£240,531	20% below HPI
1997 28 FEB	£70,000	£83,415	16% below HPI

21 LEMONTREE 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 21 LEMONTREE LANE sales between February 1997 and July 2020 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 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 21 LEMONTREE LANE?

21 LEMONTREE LANE is 73m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 21 LEMONTREE LANE lies on this distribution: 7% of detached houses are smaller than 21 LEMONTREE LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

21 LEMONTREE LANE: Plot and Title Map

21 LEMONTREE LANE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 21 LEMONTREE 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 21 LEMONTREE 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 21 LEMONTREE LANE?

21 LEMONTREE LANE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 21 on LEMONTREE LANE.