18, OLD FARM LANE, NEWBOLD VERDON, LEICESTER, LE9 9PX - £320,000

18 OLD FARM LANE is a very small detached house of 77m². It was last sold for £320,000 in March 2022, which was around 16% below the average March 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2012, where the current energy rating was B, and the potential energy rating was B.

18 OLD FARM LANE Sold Prices

Land registry data shows two sales for 18 OLD FARM 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 Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 18 OLD FARM 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
2022 31 MAR	£320,000	£379,873	16% below HPI
2013 23 AUG	£179,950	£216,385	17% below HPI

18 OLD FARM LANE 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 two 18 OLD FARM LANE sales from August 2013 and March 2022 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 August 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 18 OLD FARM LANE?

18 OLD FARM LANE is 77m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold Verdon, and where 18 OLD FARM LANE lies on this distribution: 12% of detached houses are smaller than 18 OLD FARM LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

18 OLD FARM LANE: Plot and Title Map

18 OLD FARM LANE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 18 OLD FARM 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 18 OLD FARM 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 18 OLD FARM LANE?

18 OLD FARM LANE is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 18 on OLD FARM LANE.