28, OTTER LANE, MOUNTSORREL, LOUGHBOROUGH, LE12 7GF - £185,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 OTTER LANE is a midsized detached house of 107m², built sometime between 1996 and 2002. It was last sold for £185,000 in August 2009, which was around 18% below the average August 2009 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

28 OTTER LANE Sold Prices

Land registry data shows four sales for 28 OTTER LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 28 OTTER 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
2009 21 AUG	£185,000	£226,109	18% below HPI
2007 16 APR	£212,500	£253,599	16% below HPI
2003 17 JAN	£145,000	£185,748	22% below HPI
1999 22 JAN	£88,450	£95,003	7% below HPI

28 OTTER 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 four 28 OTTER LANE sales between January 1999 and August 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 April 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2009 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 28 OTTER LANE?

28 OTTER LANE is 107m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 50% of detached houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses by size in Mountsorrel, and where 28 OTTER LANE lies on this distribution: 46% of detached houses are smaller than 28 OTTER LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

28 OTTER LANE: Plot and Title Map

28 OTTER LANE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 28 OTTER 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 OTTER 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 OTTER LANE?

28 OTTER LANE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 28 on OTTER LANE.