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
7 LEMONTREE LANE is a very large extended detached house of 153m², built sometime between 1996 and 2002. It was last sold for £162,000 in March 2001, which was around 35% above the average March 2001 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 LEMONTREE LANE since 1st 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 7 LEMONTREE 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 |
---|---|---|---|
2001 7 MAR | £162,000 | £120,173 | 35% above HPI |
1995 24 FEB | £110,000 | £78,530 | 40% above HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 7 LEMONTREE LANE sales from February 1995 and March 2001 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 February 1995 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2001 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.
7 LEMONTREE LANE is 153m², which includes three extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 7 LEMONTREE LANE lies on this distribution: 83% of detached houses are smaller than 7 LEMONTREE LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Loughborough.
7 LEMONTREE LANE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 7 LEMONTREE 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 7 LEMONTREE 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.
7 LEMONTREE LANE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 7 on LEMONTREE LANE.