4, LANTERN LANE, EAST LEAKE, LOUGHBOROUGH, LE12 6QN - £284,000

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

4 LANTERN LANE is a large extended detached house of 133m², built sometime between 2003 and 2006. It was last sold for £284,000 in June 2017, which was around 19% below the average June 2017 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

4 LANTERN LANE Sold Prices

Land registry data shows three sales for 4 LANTERN 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 Rushcliffe local authority area for the corresponding sale date. Two of the three 4 LANTERN LANE sales were for below the average price, whilst one was 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
2017 16 JUN	£284,000	£350,862	19% below HPI
2015 30 OCT	£256,000	£330,791	23% below HPI
2005 28 JUL	£292,500	£257,855	13% above HPI

4 LANTERN LANE 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 4 LANTERN LANE sales between July 2005 and June 2017 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 October 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 4 LANTERN LANE?

4 LANTERN LANE is 133m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% 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 4 LANTERN LANE lies on this distribution: 72% of detached houses are smaller than 4 LANTERN LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in East Leake.

4 LANTERN LANE: Plot and Title Map

4 LANTERN LANE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 4 LANTERN 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 4 LANTERN 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 4 LANTERN LANE?

4 LANTERN LANE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 4 on LANTERN LANE.