41, NEW ZEALAND LANE, QUENIBOROUGH, LEICESTER, LE7 3FU - £370,000

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

41 NEW ZEALAND LANE is a very large extended detached house of 201m², built sometime before 1900. It was last sold for £370,000 in January 2016, which was around 29% above the average January 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

41 NEW ZEALAND LANE Sold Prices

Land registry data shows two sales for 41 NEW ZEALAND 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 41 NEW ZEALAND LANE 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
2016 15 JAN	£370,000	£286,454	29% above HPI
1998 13 FEB	£165,000	£92,547	78% above HPI

41 NEW ZEALAND 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 41 NEW ZEALAND LANE sales from February 1998 and January 2016 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 February 1998 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the January 2016 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 41 NEW ZEALAND LANE?

41 NEW ZEALAND LANE is 201m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses in Queniborough, based on EPC data. The below chart shows the distribution of detached houses by size in Queniborough, and where 41 NEW ZEALAND LANE lies on this distribution: 88% of detached houses are smaller than 41 NEW ZEALAND LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Queniborough.

41 NEW ZEALAND LANE: Plot and Title Map

41 NEW ZEALAND LANE sits on a plot of roughly 0.353 of an acre, or 1,428m². The below map shows the location of 41 NEW ZEALAND 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 41 NEW ZEALAND 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 41 NEW ZEALAND LANE?

41 NEW ZEALAND LANE is located in QUENIBOROUGH, in the LE7 postcode district. The below map shows the position of No. 41 on NEW ZEALAND LANE.