31, DRAGON LANE, NEWBOLD VERDON, LEICESTER, LE9 9NG - £147,500

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.

31 DRAGON LANE is a very small extended detached house of 78m², built sometime between 1930 and 1949, which could now be worth an estimated £247,073. It was last sold for £147,500 in December 2014, which was around 35% below the average December 2014 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

31 DRAGON LANE Sold Prices

Land registry data shows three sales for 31 DRAGON LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 31 DRAGON 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
2014 12 DEC	£147,500	£227,481	35% below HPI
2004 30 SEP	£150,000	£204,786	27% below HPI
1999 27 AUG	£40,000	£90,587	56% below HPI

31 DRAGON LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 31 DRAGON LANE sales between August 1999 and December 2014 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 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 31 DRAGON LANE be worth now?

31 DRAGON LANE might now be worth an estimated £247,073.

This is based on house price inflation of 67.5%, between December 2014 and February 2025, for 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 67.5% inflationary increase is applied to the most recent sale price for 31 DRAGON LANE of £147,500 on 12th December 2014. For the value to have increased from £147,500 to £247,073 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 31 DRAGON LANE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The December 2014 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 31 DRAGON LANE has not materially changed since December 2014.

How Large is 31 DRAGON LANE?

31 DRAGON LANE is 78m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbold Verdon, and where 31 DRAGON LANE lies on this distribution: 13% of detached houses houses are smaller than 31 DRAGON LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

31 DRAGON LANE: Plot and Title Map

31 DRAGON LANE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 31 DRAGON 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 31 DRAGON 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 31 DRAGON LANE?

31 DRAGON LANE is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 31 on DRAGON LANE.