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
5 BENNETTS LANE is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £180,000 in October 2019, which was around 47% below the average October 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 BENNETTS LANE since 1st 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. All of the three 5 BENNETTS 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 |
---|---|---|---|
2019 9 OCT | £180,000 | £339,915 | 47% below HPI |
2013 13 NOV | £200,000 | £249,081 | 20% below HPI |
1998 7 AUG | £60,000 | £95,963 | 37% below HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 5 BENNETTS LANE sales between August 1998 and October 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 November 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2019 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.
5 BENNETTS LANE is 77m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Cossington, based on EPC data. The below chart shows the distribution of detached houses by size in Cossington, and where 5 BENNETTS LANE lies on this distribution: Less than 1% of detached houses are smaller than 5 BENNETTS LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cossington.
5 BENNETTS LANE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 5 BENNETTS 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 5 BENNETTS 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.
5 BENNETTS LANE is located in COSSINGTON, in the LE7 postcode district. The below map shows the position of No. 5 on BENNETTS LANE.