16, LANTERN LANE, EAST LEAKE, LOUGHBOROUGH, LE12 6QN - £250,000

16 LANTERN LANE is a midsized detached house of 115m², built sometime between 2003 and 2006. It was last sold for £250,000 in November 2010, which was around 11% below the average November 2010 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

16 LANTERN LANE Sold Prices

Land registry data shows two sales for 16 LANTERN 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 16 LANTERN 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
2010 26 NOV	£250,000	£281,299	11% below HPI
2006 3 MAR	£250,000	£254,019	2% below HPI

16 LANTERN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 16 LANTERN LANE sales from March 2006 and November 2010 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 March 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2010 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 16 LANTERN LANE?

16 LANTERN LANE is 115m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 50% of detached houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses by size in East Leake, and where 16 LANTERN LANE lies on this distribution: 48% of detached houses are smaller than 16 LANTERN LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in East Leake.

16 LANTERN LANE: Plot and Title Map

16 LANTERN LANE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 16 LANTERN 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 16 LANTERN 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 16 LANTERN LANE?

16 LANTERN LANE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 16 on LANTERN LANE.