THE OLD BARN, CHAPEL LANE, OSGATHORPE, LOUGHBOROUGH, LE12 9SX - £535,000

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

THE OLD BARN is a very small extended detached house of 111m², built sometime before 1900. It was last sold for £535,000 in December 2023, which was around 53% above the average December 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

THE OLD BARN Sold Prices

Land registry data shows four sales for THE OLD BARN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four THE OLD BARN 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
2023 15 DEC	£535,000	£350,352	53% above HPI
2016 29 JAN	£385,000	£241,772	59% above HPI
2004 10 AUG	£299,950	£195,532	53% above HPI
1996 29 NOV	£100,000	£75,417	33% above HPI

THE OLD BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The four THE OLD BARN sales between November 1996 and December 2023 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 2016 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the December 2023 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is THE OLD BARN?

THE OLD BARN is 111m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of detached houses in Osgathorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Osgathorpe, and where THE OLD BARN lies on this distribution: 19% of detached houses are smaller than THE OLD BARN, and 81% of houses are larger. Note that EPC data is not available for all properties in Osgathorpe.

THE OLD BARN: Plot and Title Map

THE OLD BARN sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of THE OLD BARN, 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 THE OLD BARN). 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 THE OLD BARN?

THE OLD BARN is located on CHAPEL LANE in OSGATHORPE, in the LE12 postcode district. The below map shows the position of THE OLD BARN on CHAPEL LANE.