52, THE BANKS, SILEBY, LOUGHBOROUGH, LE12 7RE - £130,000

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

52 THE BANKS is a very small semi-detached house of 63m², built sometime between 1976 and 1982. It was last sold for £130,000 in July 2017, which was around 57% below the average July 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was B.

52 THE BANKS Sold Prices

Land registry data shows five sales for 52 THE BANKS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the five 52 THE BANKS 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
2017 27 JUL	£130,000	£303,634	57% below HPI
2008 9 MAY	£111,000	£250,298	56% below HPI
2006 3 NOV	£97,000	£245,305	60% below HPI
2003 11 JUL	£79,500	£198,552	60% below HPI
2000 2 NOV	£47,000	£121,407	61% below HPI

52 THE BANKS 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 five 52 THE BANKS sales between November 2000 and July 2017 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 2008 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the July 2017 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 52 THE BANKS?

52 THE BANKS is 63m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Sileby, based on EPC data. The below chart shows the distribution of detached houses by size in Sileby, and where 52 THE BANKS lies on this distribution: 4% of detached houses are smaller than 52 THE BANKS, and 96% of houses are larger. Note that EPC data is not available for all properties in Sileby.

52 THE BANKS: Plot and Title Map

52 THE BANKS sits on a plot of roughly 0.015 of an acre, or 62m². The below map shows the location of 52 THE BANKS, 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 52 THE BANKS). 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 52 THE BANKS?

52 THE BANKS is located in SILEBY, in the LE12 postcode district. The below map shows the position of No. 52 on THE BANKS.