5, THE HOMESTEAD, MOUNTSORREL, LOUGHBOROUGH, LE12 7HS - £470,000

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

5 THE HOMESTEAD is a large extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £470,000 in March 2024, which was around 15% above the average March 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

5 THE HOMESTEAD Sold Prices

Land registry data shows four sales for 5 THE HOMESTEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. The four 5 THE HOMESTEAD sales were a mix of above the average price, and roughly equal to 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
2024 27 MAR	£470,000	£408,277	15% above HPI
2009 31 JUL	£250,000	£224,641	11% above HPI
2000 9 JUN	£115,000	£112,929	2% above HPI
1996 31 MAY	£80,000	£80,232	Close to HPI

5 THE HOMESTEAD 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 four 5 THE HOMESTEAD sales between May 1996 and March 2024 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 July 2009 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2024 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 5 THE HOMESTEAD?

5 THE HOMESTEAD is 119m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 40% of detached houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses by size in Mountsorrel, and where 5 THE HOMESTEAD lies on this distribution: 62% of detached houses are smaller than 5 THE HOMESTEAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

5 THE HOMESTEAD: Plot and Title Map

5 THE HOMESTEAD sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 5 THE HOMESTEAD, 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 THE HOMESTEAD). 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 5 THE HOMESTEAD?

5 THE HOMESTEAD is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 5 on THE HOMESTEAD.