8, CHAPEL LANE, OSGATHORPE, LOUGHBOROUGH, LE12 9SX - £335,000

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

8 CHAPEL LANE is a small extended detached house of 120m², built sometime before 1900. It was last sold for £335,000 in June 2021, which was around 5% above the average June 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was F, and the potential energy rating was C.

8 CHAPEL LANE Sold Prices

Land registry data shows six sales for 8 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the six 8 CHAPEL 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 25 JUN	£335,000	£317,544	5% above HPI
2015 29 JUN	£265,000	£233,733	13% above HPI
2003 7 NOV	£227,000	£189,333	20% above HPI
2001 24 MAY	£156,000	£110,144	42% above HPI
1999 25 JUN	£111,500	£90,280	24% above HPI
1996 2 APR	£87,000	£70,256	24% above HPI

8 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The six 8 CHAPEL LANE sales between April 1996 and June 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 June 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 8 CHAPEL LANE?

8 CHAPEL LANE is 120m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Osgathorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Osgathorpe, and where 8 CHAPEL LANE lies on this distribution: 26% of detached houses are smaller than 8 CHAPEL LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Osgathorpe.

8 CHAPEL LANE: Plot and Title Map

8 CHAPEL LANE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 8 CHAPEL 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 8 CHAPEL 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 8 CHAPEL LANE?

8 CHAPEL LANE is located in OSGATHORPE, in the LE12 postcode district. The below map shows the position of No. 8 on CHAPEL LANE.