98A, CROSS LANE, MOUNTSORREL, LOUGHBOROUGH, LE12 7BZ - £230,000

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

98A CROSS LANE is a very small detached house of 81m², built sometime between 2003 and 2006. It was last sold for £230,000 in October 2015, which was around 18% below the average October 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

98A CROSS LANE Sold Prices

Land registry data shows two sales for 98A CROSS 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 98A CROSS 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
2015 19 OCT	£230,000	£278,946	18% below HPI
2003 12 DEC	£175,000	£210,833	17% below HPI

98A CROSS 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 98A CROSS LANE sales from December 2003 and October 2015 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 December 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 98A CROSS LANE?

98A CROSS LANE is 81m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses by size in Mountsorrel, and where 98A CROSS LANE lies on this distribution: 12% of detached houses are smaller than 98A CROSS LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

98A CROSS LANE: Plot and Title Map

98A CROSS LANE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 98A CROSS 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 98A CROSS 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 98A CROSS LANE?

98A CROSS LANE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 98A on CROSS LANE.