THE OLD CHAPEL, LONG STREET, BELTON, LOUGHBOROUGH, LE12 9TP - £275,000

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.

THE OLD CHAPEL is a small detached house of 120m², built sometime from 2007 onwards, which could now be worth an estimated £337,989. It was last sold for £275,000 in March 2021, which was around 15% below the average March 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

THE OLD CHAPEL Sold Prices

Land registry data shows two sales for THE OLD CHAPEL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. One of the two THE OLD CHAPEL sales was for below the average price, whilst the other was 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
2021 5 MAR	£275,000	£323,335	15% below HPI
2001 9 FEB	£200,000	£112,650	78% above HPI

THE OLD CHAPEL 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 two THE OLD CHAPEL sales from February 2001 and March 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 February 2001 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the March 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might THE OLD CHAPEL be worth now?

THE OLD CHAPEL might now be worth an estimated £337,989.

This is based on house price inflation of 22.9%, between March 2021 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.9% inflationary increase is applied to the most recent sale price for THE OLD CHAPEL of £275,000 on 5th March 2021. For the value to have increased from £275,000 to £337,989 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of THE OLD CHAPEL has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The March 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD CHAPEL has not materially changed since March 2021.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 120m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses houses in Belton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belton, and where THE OLD CHAPEL lies on this distribution: 37% of detached houses houses are smaller than THE OLD CHAPEL, and 63% of houses are larger. Note that EPC data is not available for all properties in Belton.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of THE OLD CHAPEL, 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 CHAPEL). 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 CHAPEL?

THE OLD CHAPEL is located on LONG STREET in BELTON, in the LE12 postcode district. The below map shows the position of THE OLD CHAPEL on LONG STREET.