4, PARK LANE, QUENIBOROUGH, LEICESTER, LE7 3AH - £387,500

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.

4 PARK LANE is a small detached house of 95m², which could now be worth an estimated £396,770. It was last sold for £387,500 in November 2023, which was around 5% below the average November 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

4 PARK LANE Sold Prices

Land registry data shows two sales for 4 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 4 PARK 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
2023 17 NOV	£387,500	£406,497	5% below HPI
2019 27 SEP	£294,995	£331,466	11% below HPI

4 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 4 PARK LANE sales from September 2019 and November 2023 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 2019 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 4 PARK LANE be worth now?

4 PARK LANE might now be worth an estimated £396,770.

This is based on house price inflation of 2.4%, between November 2023 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.4% inflationary increase is applied to the most recent sale price for 4 PARK LANE of £387,500 on 17th November 2023. For the value to have increased from £387,500 to £396,770 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 PARK LANE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2023 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 4 PARK LANE has not materially changed since November 2023.

How Large is 4 PARK LANE?

4 PARK LANE is 95m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses houses in Queniborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Queniborough, and where 4 PARK LANE lies on this distribution: 31% of detached houses houses are smaller than 4 PARK LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Queniborough.

4 PARK LANE: Plot and Title Map

4 PARK LANE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 4 PARK 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 PARK 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 PARK LANE?

4 PARK LANE is located in QUENIBOROUGH, in the LE7 postcode district. The below map shows the position of No. 4 on PARK LANE.