8, THE HOMESTEAD, MOUNTSORREL, LOUGHBOROUGH, LE12 7HS - £350,000

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 HOMESTEAD is a large detached house of 126m², built sometime between 1991 and 1995. It was last sold for £350,000 in December 2018, which was around 4% above the average December 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

8 THE HOMESTEAD Sold Prices

Land registry data shows four sales for 8 THE HOMESTEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 8 THE HOMESTEAD 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
2018 10 DEC	£350,000	£335,202	4% above HPI
2004 16 JAN	£245,000	£210,174	17% above HPI
2000 25 AUG	£159,950	£117,907	36% above HPI
1996 26 SEP	£95,000	£83,381	14% above HPI

8 THE HOMESTEAD 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 four 8 THE HOMESTEAD sales between September 1996 and December 2018 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 January 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 8 THE HOMESTEAD?

8 THE HOMESTEAD is 126m² according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses by size in Mountsorrel, and where 8 THE HOMESTEAD lies on this distribution: 69% of detached houses are smaller than 8 THE HOMESTEAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

8 THE HOMESTEAD: Plot and Title Map

8 THE HOMESTEAD sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 8 THE HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

8 THE HOMESTEAD is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 8 on THE HOMESTEAD.