26, THE BANKS, SILEBY, LOUGHBOROUGH, LE12 7RE - £105,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

26 THE BANKS is a midsized detached house of 111m², built sometime before 1900, which could now be worth an estimated £200,348. It was last sold for £105,000 in April 2009, which was around 52% below the average April 2009 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

26 THE BANKS Sold Prices

Land registry data shows three sales for 26 THE BANKS 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 26 THE BANKS 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
2009 8 APR	£105,000	£218,136	52% below HPI
2006 16 MAY	£166,000	£225,364	26% below HPI
1998 21 APR	£33,000	£91,350	64% below HPI

26 THE BANKS 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 26 THE BANKS sales between April 1998 and April 2009 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 May 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2009 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 26 THE BANKS be worth now?

26 THE BANKS might now be worth an estimated £200,348.

This is based on house price inflation of 90.8%, between April 2009 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 90.8% inflationary increase is applied to the most recent sale price for 26 THE BANKS of £105,000 on 8th April 2009. For the value to have increased from £105,000 to £200,348 over the sixteen years and two months to February 2025, the following assumptions must hold true:

• The value of 26 THE BANKS has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The April 2009 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 26 THE BANKS has not materially changed since April 2009.

How Large is 26 THE BANKS?

26 THE BANKS is 111m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% of detached houses houses in Sileby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sileby, and where 26 THE BANKS lies on this distribution: 42% of detached houses houses are smaller than 26 THE BANKS, and 56% of houses are larger. Note that EPC data is not available for all properties in Sileby.

26 THE BANKS: Plot and Title Map

26 THE BANKS sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 26 THE BANKS, 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 26 THE BANKS). 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 26 THE BANKS?

26 THE BANKS is located in SILEBY, in the LE12 postcode district. The below map shows the position of No. 26 on THE BANKS.