6, BUDDON LANE, QUORN, LOUGHBOROUGH, LE12 8AA - £1,400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 BUDDON LANE is a very large extended detached house of 265m², built sometime between 1930 and 1949, which could now be worth an estimated £1,907,914. It was last sold for £1,400,000 in February 2018, which was around 358% above the average February 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

6 BUDDON LANE Sold Prices

Land registry data shows two sales for 6 BUDDON LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 6 BUDDON LANE sales were 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
2018 8 FEB	£1,400,000	£305,417	358% above HPI
2000 17 MAR	£438,000	£105,680	314% above HPI

6 BUDDON 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 two 6 BUDDON LANE sales from March 2000 and February 2018 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 March 2000 sale was for 314% above the HPI. So the extrapolation line tracks at 314% above the HPI over time, until the February 2018 sale, where it rises to 358% above the HPI. The line then continues to track at 358% above the HPI.

What might 6 BUDDON LANE be worth now?

6 BUDDON LANE might now be worth an estimated £1,907,914.

This is based on house price inflation of 36.3%, between February 2018 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.3% inflationary increase is applied to the most recent sale price for 6 BUDDON LANE of £1,400,000 on 8th February 2018. For the value to have increased from £1,400,000 to £1,907,914 over the seven years to February 2025, the following assumptions must hold true:

• The value of 6 BUDDON LANE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The February 2018 sale price of £1,400,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BUDDON LANE has not materially changed since February 2018.

How Large is 6 BUDDON LANE?

6 BUDDON LANE is 265m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses houses in Quorn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Quorn, and where 6 BUDDON LANE lies on this distribution: 97% of detached houses houses are smaller than 6 BUDDON LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Quorn.

6 BUDDON LANE: Plot and Title Map

6 BUDDON LANE sits on a plot of roughly 1.0 acres, or 4,081m². The below map shows the location of 6 BUDDON 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 6 BUDDON 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 6 BUDDON LANE?

6 BUDDON LANE is located in QUORN, in the LE12 postcode district. The below map shows the position of No. 6 on BUDDON LANE.