79, NEW ZEALAND LANE, QUENIBOROUGH, LEICESTER, LE7 3FU - £196,000

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

79 NEW ZEALAND LANE is a very small extended detached house of 57m², built sometime between 1930 and 1949. It was last sold for £196,000 in January 2016, which was around 32% below the average January 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

79 NEW ZEALAND LANE Sold Prices

Land registry data shows two sales for 79 NEW ZEALAND 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 79 NEW ZEALAND LANE 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
2016 28 JAN	£196,000	£286,454	32% below HPI
1997 21 NOV	£52,000	£91,927	43% below HPI

79 NEW ZEALAND 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 79 NEW ZEALAND LANE sales from November 1997 and January 2016 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 November 1997 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 79 NEW ZEALAND LANE?

79 NEW ZEALAND LANE is 57m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Queniborough, based on EPC data. The below chart shows the distribution of detached houses by size in Queniborough, and where 79 NEW ZEALAND LANE lies on this distribution: 2% of detached houses are smaller than 79 NEW ZEALAND LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Queniborough.

79 NEW ZEALAND LANE: Plot and Title Map

79 NEW ZEALAND LANE sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 79 NEW ZEALAND 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 79 NEW ZEALAND 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 79 NEW ZEALAND LANE?

79 NEW ZEALAND LANE is located in QUENIBOROUGH, in the LE7 postcode district. The below map shows the position of No. 79 on NEW ZEALAND LANE.