8, THE ARCHES, EAST LEAKE, LOUGHBOROUGH, LE12 6HJ - £425,000

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 THE ARCHES is a very large extended detached house of 160m², built sometime between 1996 and 2002. It was last sold for £425,000 in September 2019, which was around 13% above the average September 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

8 THE ARCHES Sold Prices

Land registry data shows five sales for 8 THE ARCHES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the five 8 THE ARCHES 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
2019 26 SEP	£425,000	£376,583	13% above HPI
2013 13 FEB	£340,000	£274,248	24% above HPI
2005 25 MAY	£330,000	£252,655	31% above HPI
2002 12 APR	£225,000	£172,941	30% above HPI
1999 17 DEC	£156,995	£122,138	29% above HPI

8 THE ARCHES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The five 8 THE ARCHES sales between December 1999 and September 2019 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 2013 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 8 THE ARCHES?

8 THE ARCHES is 160m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses by size in East Leake, and where 8 THE ARCHES lies on this distribution: 87% of detached houses are smaller than 8 THE ARCHES, and 12% of houses are larger. Note that EPC data is not available for all properties in East Leake.

8 THE ARCHES: Plot and Title Map

8 THE ARCHES sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 8 THE ARCHES, 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 THE ARCHES). 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 THE ARCHES?

8 THE ARCHES is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 8 on THE ARCHES.