24, CHAPEL LANE, RATBY, LEICESTER, LE6 0JD - £249,950

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

24 CHAPEL LANE is a very large extended detached house of 148m², built sometime before 1900. It was last sold for £249,950 in September 2013, which was around 14% above the average September 2013 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

24 CHAPEL LANE Sold Prices

Land registry data shows two sales for 24 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 24 CHAPEL 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
2013 9 SEP	£249,950	£220,165	14% above HPI
2009 12 JUN	£240,000	£199,481	20% above HPI

24 CHAPEL 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 two 24 CHAPEL LANE sales from June 2009 and September 2013 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 2009 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2013 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 24 CHAPEL LANE?

24 CHAPEL LANE is 148m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses by size in Ratby, and where 24 CHAPEL LANE lies on this distribution: 89% of detached houses are smaller than 24 CHAPEL LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Ratby.

24 CHAPEL LANE: Plot and Title Map

24 CHAPEL LANE sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of 24 CHAPEL 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 24 CHAPEL 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 24 CHAPEL LANE?

24 CHAPEL LANE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 24 on CHAPEL LANE.