61, OLD FARM LANE, NEWBOLD VERDON, LEICESTER, LE9 9PG - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

61 OLD FARM LANE is a midsized detached house of 128m². It was last sold for £375,000 in September 2021, which was around 7% above the average September 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was A.

61 OLD FARM LANE Sold Prices

Land registry data shows two sales for 61 OLD FARM 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 Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 61 OLD FARM 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
2021 24 SEP	£375,000	£349,424	7% above HPI
2014 1 SEP	£289,950	£236,463	23% above HPI

61 OLD FARM LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 61 OLD FARM LANE sales from September 2014 and September 2021 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 September 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 61 OLD FARM LANE?

61 OLD FARM LANE is 128m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold Verdon, and where 61 OLD FARM LANE lies on this distribution: 57% of detached houses are smaller than 61 OLD FARM LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

61 OLD FARM LANE: Plot and Title Map

61 OLD FARM LANE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 61 OLD FARM 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 61 OLD FARM 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 61 OLD FARM LANE?

61 OLD FARM LANE is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 61 on OLD FARM LANE.