ELMS FARM, THURLASTON LANE, EARL SHILTON, LEICESTER, LE9 7EF - £410,000

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.

ELMS FARM is a large extended detached house of 120m², built sometime between 1900 and 1929, which could now be worth an estimated £488,436. It was last sold for £410,000 in May 2021, which was around 28% above the average May 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was A.

ELMS FARM Sold Prices

Land registry data shows three sales for ELMS FARM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Two of the three ELMS FARM sales were for above the average price, whilst one was 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 28 MAY	£410,000	£319,856	28% above HPI
2019 23 OCT	£255,000	£303,881	16% below HPI
2019 2 MAY	£1,630,000	£294,012	454% above HPI

ELMS FARM Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three ELMS FARM sales between May 2019 and May 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 October 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might ELMS FARM be worth now?

ELMS FARM might now be worth an estimated £488,436.

This is based on house price inflation of 19.1%, between May 2021 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.1% inflationary increase is applied to the most recent sale price for ELMS FARM of £410,000 on 28th May 2021. For the value to have increased from £410,000 to £488,436 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of ELMS FARM has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The May 2021 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of ELMS FARM has not materially changed since May 2021.

How Large is ELMS FARM?

ELMS FARM is 120m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses houses in Earl Shilton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Earl Shilton, and where ELMS FARM lies on this distribution: 60% of detached houses houses are smaller than ELMS FARM, and 39% of houses are larger. Note that EPC data is not available for all properties in Earl Shilton.

ELMS FARM: Plot and Title Map

ELMS FARM sits on a plot of roughly 0.302 of an acre, or 1,221m². The below map shows the location of ELMS FARM, 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 ELMS FARM). 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 ELMS FARM?

ELMS FARM is located on THURLASTON LANE in EARL SHILTON, in the LE9 postcode district. The below map shows the position of ELMS FARM on THURLASTON LANE.