38, MAIN STREET, OSGATHORPE, LOUGHBOROUGH, LE12 9TA - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 MAIN STREET is a very small extended detached house of 99m², built sometime before 1900. It was last sold for £235,000 in February 2018, which was around 15% below the average February 2018 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

38 MAIN STREET Sold Prices

Land registry data shows five sales for 38 MAIN STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Most of the five 38 MAIN STREET sales 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
2018 22 FEB	£235,000	£275,296	15% below HPI
2007 25 MAY	£275,000	£220,376	25% above HPI
2003 17 OCT	£217,000	£183,222	18% above HPI
2003 28 FEB	£187,000	£152,394	23% above HPI
2002 18 JUN	£80,888	£130,996	38% below HPI

38 MAIN STREET 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 five 38 MAIN STREET sales between June 2002 and February 2018 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 May 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 38 MAIN STREET?

38 MAIN STREET is 99m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of detached houses in Osgathorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Osgathorpe, and where 38 MAIN STREET lies on this distribution: 13% of detached houses are smaller than 38 MAIN STREET, and 87% of houses are larger. Note that EPC data is not available for all properties in Osgathorpe.

38 MAIN STREET: Plot and Title Map

38 MAIN STREET sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 38 MAIN STREET, 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 38 MAIN STREET). 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 38 MAIN STREET?

38 MAIN STREET is located in OSGATHORPE, in the LE12 postcode district. The below map shows the position of No. 38 on MAIN STREET.