8, VIOLET LANE, LOUGHBOROUGH, LE11 2FG - £348,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 VIOLET LANE is a small detached house of 103m², which could now be worth an estimated £389,948. It was last sold for £348,000 in November 2021, which was around 6% below the average November 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

8 VIOLET LANE Sold Prices

Land registry data shows two sales for 8 VIOLET 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 8 VIOLET 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
2021 9 NOV	£348,000	£371,447	6% below HPI
2020 31 JAN	£314,750	£331,097	5% below HPI

8 VIOLET 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 8 VIOLET LANE sales from January 2020 and November 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 January 2020 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 8 VIOLET LANE be worth now?

8 VIOLET LANE might now be worth an estimated £389,948.

This is based on house price inflation of 12.1%, between November 2021 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.1% inflationary increase is applied to the most recent sale price for 8 VIOLET LANE of £348,000 on 9th November 2021. For the value to have increased from £348,000 to £389,948 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 VIOLET LANE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2021 sale price of £348,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VIOLET LANE has not materially changed since November 2021.

How Large is 8 VIOLET LANE?

8 VIOLET LANE is 103m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughborough, and where 8 VIOLET LANE lies on this distribution: 39% of detached houses houses are smaller than 8 VIOLET LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 VIOLET LANE: Plot and Title Map

8 VIOLET LANE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 8 VIOLET 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 VIOLET 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 VIOLET LANE?

8 VIOLET LANE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 8 on VIOLET LANE.