6, CROSS LANE, MOUNTSORREL, LOUGHBOROUGH, LE12 7BY - £485,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 CROSS LANE is a very large extended detached house of 165m², built sometime between 1900 and 1929. It was last sold for £485,000 in October 2024, which was around 18% above the average October 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2020, where the current energy rating was E, and the potential energy rating was C.

6 CROSS LANE Sold Prices

Land registry data shows three sales for 6 CROSS LANE since 1^st 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 6 CROSS 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
2024 11 OCT	£485,000	£409,434	18% above HPI
2020 8 JUN	£350,000	£329,746	6% above HPI
2000 14 AUG	£120,000	£116,314	3% above HPI

6 CROSS 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 three 6 CROSS LANE sales between August 2000 and October 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 June 2020 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2024 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 6 CROSS LANE be worth now?

6 CROSS LANE might now be worth an estimated £488,104.

This is based on house price inflation of 0.6%, between October 2024 and December 2024, 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 0.6% inflationary increase is applied to the most recent sale price for 6 CROSS LANE of £485,000 on 11th October 2024. For the value to have increased from £485,000 to £488,104 over the ten months to December 2024, the following assumptions must hold true:

• The value of 6 CROSS LANE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The October 2024 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CROSS LANE has not materially changed since October 2024.

How Large is 6 CROSS LANE?

6 CROSS LANE is 165m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the largest 10% of detached houses houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mountsorrel, and where 6 CROSS LANE lies on this distribution: 91% of detached houses houses are smaller than 6 CROSS LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

6 CROSS LANE: Plot and Title Map

6 CROSS LANE sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 6 CROSS 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 CROSS 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 CROSS LANE?

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