28, CHAPEL LANE, RATBY, LEICESTER, LE6 0JD - £315,000

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

28 CHAPEL LANE is a small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £315,000 in February 2013, which was around 44% above the average February 2013 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

28 CHAPEL LANE Sold Prices

Land registry data shows two sales for 28 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. One of the two 28 CHAPEL LANE sales was for above the average price, whilst the other was 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
2013 27 FEB	£315,000	£218,890	44% above HPI
2008 23 APR	£230,000	£236,503	3% below HPI

28 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 28 CHAPEL LANE sales from April 2008 and February 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 April 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2013 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 28 CHAPEL LANE?

28 CHAPEL LANE is 83m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of detached houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses by size in Ratby, and where 28 CHAPEL LANE lies on this distribution: 37% of detached houses are smaller than 28 CHAPEL LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Ratby.

28 CHAPEL LANE: Plot and Title Map

28 CHAPEL LANE sits on a plot of roughly 0.256 of an acre, or 1,034m². The below map shows the location of 28 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 28 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 28 CHAPEL LANE?

28 CHAPEL LANE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 28 on CHAPEL LANE.