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

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

31 DRAGON LANE is a very small extended detached house of 78m², built sometime between 1930 and 1949. It was last sold for £147,500 in December 2014, which was around 38% 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	£239,343	38% below HPI
2004 30 SEP	£150,000	£215,464	30% below HPI
1999 27 AUG	£40,000	£95,311	58% 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2014 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

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 in Newbold Verdon, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold Verdon, and where 31 DRAGON LANE lies on this distribution: 14% of detached 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.