3, THE ARCHES, EAST LEAKE, LOUGHBOROUGH, LE12 6HJ - £425,000

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

3 THE ARCHES is a very large extended detached house of 165m², built sometime between 1996 and 2002. It was last sold for £425,000 in March 2024, which was around 8% below the average March 2024 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

3 THE ARCHES Sold Prices

Land registry data shows three sales for 3 THE ARCHES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. One of the three 3 THE ARCHES sales was for below the average price, whilst two were 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
2024 28 MAR	£425,000	£464,452	8% below HPI
2002 18 JAN	£210,000	£168,323	25% above HPI
1999 15 DEC	£151,995	£122,138	24% above HPI

3 THE ARCHES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 3 THE ARCHES sales between December 1999 and March 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 January 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2024 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 THE ARCHES?

3 THE ARCHES is 165m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses by size in East Leake, and where 3 THE ARCHES lies on this distribution: 90% of detached houses are smaller than 3 THE ARCHES, and 10% of houses are larger. Note that EPC data is not available for all properties in East Leake.

3 THE ARCHES: Plot and Title Map

3 THE ARCHES sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of 3 THE ARCHES, 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 THE ARCHES). 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 THE ARCHES?

3 THE ARCHES is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 3 on THE ARCHES.