45, NARROW LANE, HATHERN, LOUGHBOROUGH, LE12 5LH - £285,000

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

45 NARROW LANE is a midsized extended detached house of 117m², built sometime before 1900. It was last sold for £285,000 in September 2019, which was around 15% below the average September 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

45 NARROW LANE Sold Prices

Land registry data shows three sales for 45 NARROW 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 Charnwood local authority area for the corresponding sale date. Two of the three 45 NARROW 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
2019 27 SEP	£285,000	£336,005	15% below HPI
2011 12 MAY	£227,500	£244,965	7% below HPI
2004 31 AUG	£260,000	£230,733	13% above HPI

45 NARROW 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 three 45 NARROW LANE sales between August 2004 and September 2019 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 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 45 NARROW LANE?

45 NARROW LANE is 117m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% of detached houses in Hathern, based on EPC data. The below chart shows the distribution of detached houses by size in Hathern, and where 45 NARROW LANE lies on this distribution: 43% of detached houses are smaller than 45 NARROW LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Hathern.

45 NARROW LANE: Plot and Title Map

45 NARROW LANE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 45 NARROW 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 45 NARROW 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 45 NARROW LANE?

45 NARROW LANE is located in HATHERN, in the LE12 postcode district. The below map shows the position of No. 45 on NARROW LANE.