3, BOND LANE, MOUNTSORREL, LOUGHBOROUGH, LE12 7AA - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 BOND LANE is a small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £295,000 in July 2024, which was around 27% below the average July 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was C.

3 BOND LANE Sold Prices

Land registry data shows two sales for 3 BOND 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 Charnwood local authority area for the corresponding sale date. Both of the two 3 BOND 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
2024 12 JUL	£295,000	£403,318	27% below HPI
2014 12 SEP	£188,000	£259,111	27% below HPI

3 BOND 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 two 3 BOND LANE sales from September 2014 and July 2024 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 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2024 sale, which was also at 27% below the HPI.

What might 3 BOND LANE be worth now?

3 BOND LANE might now be worth an estimated £301,390.

This is based on house price inflation of 2.2%, between July 2024 and December 2024, 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 2.2% inflationary increase is applied to the most recent sale price for 3 BOND LANE of £295,000 on 12th July 2024. For the value to have increased from £295,000 to £301,390 over the seven months to December 2024, the following assumptions must hold true:

• The value of 3 BOND LANE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The July 2024 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BOND LANE has not materially changed since July 2024.

How Large is 3 BOND LANE?

3 BOND LANE is 88m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 30% of detached houses houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mountsorrel, and where 3 BOND LANE lies on this distribution: 21% of detached houses houses are smaller than 3 BOND LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

3 BOND LANE: Plot and Title Map

3 BOND LANE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 3 BOND 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 3 BOND 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 3 BOND LANE?

3 BOND LANE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 3 on BOND LANE.