3, THE LAKINS, MEASHAM, SWADLINCOTE, DE12 7AY - £195,000

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 LAKINS is a small detached house of 88m², built sometime between 2003 and 2006. It was last sold for £195,000 in September 2021, which was around 38% below the average September 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

3 THE LAKINS Sold Prices

Land registry data shows four sales for 3 THE LAKINS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 3 THE LAKINS 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
2021 17 SEP	£195,000	£316,426	38% below HPI
2011 27 JUN	£120,000	£207,473	42% below HPI
2007 2 FEB	£139,950	£221,298	37% below HPI
2004 2 APR	£125,000	£182,915	32% below HPI

3 THE LAKINS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The four 3 THE LAKINS sales between April 2004 and September 2021 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 June 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 3 THE LAKINS?

3 THE LAKINS is 88m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses in Measham, based on EPC data. The below chart shows the distribution of detached houses by size in Measham, and where 3 THE LAKINS lies on this distribution: 27% of detached houses are smaller than 3 THE LAKINS, and 71% of houses are larger. Note that EPC data is not available for all properties in Measham.

3 THE LAKINS: Plot and Title Map

3 THE LAKINS sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 3 THE LAKINS, 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 LAKINS). 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 LAKINS?

3 THE LAKINS is located in MEASHAM, in the DE12 postcode district. The below map shows the position of No. 3 on THE LAKINS.