2A, LONG LANE, BILLESDON, LEICESTER, LE7 9AL - £315,000

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.

2A LONG LANE is a very small detached house of 104m², built sometime between 1976 and 1982, which could now be worth an estimated £418,212. It was last sold for £315,000 in November 2017, which was around 14% below the average November 2017 detached price in the Harborough local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

2A LONG LANE Sold Prices

Land registry data shows two sales for 2A LONG 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 Harborough local authority area for the corresponding sale date. One of the two 2A LONG LANE sales was for below the average price, whilst the other was 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
2017 10 NOV	£315,000	£365,574	14% below HPI
2000 8 SEP	£144,000	£134,413	7% above HPI

2A LONG LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 2A LONG LANE sales from September 2000 and November 2017 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 September 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2A LONG LANE be worth now?

2A LONG LANE might now be worth an estimated £418,212.

This is based on house price inflation of 32.8%, between November 2017 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.8% inflationary increase is applied to the most recent sale price for 2A LONG LANE of £315,000 on 10th November 2017. For the value to have increased from £315,000 to £418,212 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 2A LONG LANE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2017 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2A LONG LANE has not materially changed since November 2017.

How Large is 2A LONG LANE?

2A LONG LANE is 104m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses houses in Billesdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billesdon, and where 2A LONG LANE lies on this distribution: 20% of detached houses houses are smaller than 2A LONG LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Billesdon.

2A LONG LANE: Plot and Title Map

2A LONG LANE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 2A LONG 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 2A LONG 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 2A LONG LANE?

2A LONG LANE is located in BILLESDON, in the LE7 postcode district. The below map shows the position of No. 2A on LONG LANE.