3, PASTURE LANE, NEWBOLD VERDON, LEICESTER, LE9 9PP - £240,000

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.

3 PASTURE LANE is a very small extended semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £259,202. It was last sold for £240,000 in January 2022, which was around 4% above the average January 2022 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

3 PASTURE LANE Sold Prices

Land registry data shows four sales for 3 PASTURE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. two of the four 3 PASTURE LANE sales were for above the average price, and four 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
2022 25 JAN	£240,000	£230,841	4% above HPI
2016 15 DEC	£180,000	£163,460	10% above HPI
2012 10 SEP	£120,500	£130,890	8% below HPI
1997 27 AUG	£46,000	£48,475	5% below HPI

3 PASTURE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 3 PASTURE LANE sales between August 1997 and January 2022 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 December 2016 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 PASTURE LANE be worth now?

3 PASTURE LANE might now be worth an estimated £259,202.

This is based on house price inflation of 8%, between January 2022 and February 2025, for semi-detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8% inflationary increase is applied to the most recent sale price for 3 PASTURE LANE of £240,000 on 25th January 2022. For the value to have increased from £240,000 to £259,202 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 PASTURE LANE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The January 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PASTURE LANE has not materially changed since January 2022.

How Large is 3 PASTURE LANE?

3 PASTURE LANE is 72m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of semi-detached houses houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newbold Verdon, and where 3 PASTURE LANE lies on this distribution: 9% of semi-detached houses houses are smaller than 3 PASTURE LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

3 PASTURE LANE: Plot and Title Map

3 PASTURE LANE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 3 PASTURE 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 PASTURE 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 PASTURE LANE?

3 PASTURE LANE is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 3 on PASTURE LANE.