51, MAIN STREET, EAST LEAKE, LOUGHBOROUGH, LE12 6PF - £575,000

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

51 MAIN STREET is a very large extended detached house of 220m², built sometime before 1900. It was last sold for £575,000 in February 2023, which was around 22% above the average February 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

51 MAIN STREET Sold Prices

Land registry data shows three sales for 51 MAIN STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Two of the three 51 MAIN STREET sales were for above the average price, whilst one was 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 28 FEB	£575,000	£470,502	22% above HPI
2013 6 AUG	£315,000	£287,300	10% above HPI
2003 8 OCT	£172,000	£240,186	28% below HPI

51 MAIN STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 51 MAIN STREET sales between October 2003 and February 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 August 2013 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2023 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 51 MAIN STREET?

51 MAIN STREET is 220m², which includes four extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses by size in East Leake, and where 51 MAIN STREET lies on this distribution: 98% of detached houses are smaller than 51 MAIN STREET, and 2% of houses are larger. Note that EPC data is not available for all properties in East Leake.

51 MAIN STREET: Plot and Title Map

51 MAIN STREET sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 51 MAIN STREET, 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 51 MAIN STREET). 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 51 MAIN STREET?

51 MAIN STREET is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 51 on MAIN STREET.