18, PARK LANE, SUTTON BONINGTON, LOUGHBOROUGH, LE12 5NH - £490,000

18 PARK LANE is a very large detached house of 210m², built sometime between 1967 and 1975. It was last sold for £490,000 in April 2019, which was around 30% above the average April 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was C.

18 PARK LANE Sold Prices

Land registry data shows two sales for 18 PARK 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 18 PARK LANE 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
2019 8 APR	£490,000	£377,944	30% above HPI
1999 26 AUG	£149,000	£116,370	28% above HPI

18 PARK 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 18 PARK LANE sales from August 1999 and April 2019 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 1999 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the April 2019 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 18 PARK LANE?

18 PARK LANE is 210m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Sutton Bonington, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton Bonington, and where 18 PARK LANE lies on this distribution: 85% of detached houses are smaller than 18 PARK LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Sutton Bonington.

18 PARK LANE: Plot and Title Map

18 PARK LANE sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 18 PARK 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 PARK 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 PARK LANE?

18 PARK LANE is located in SUTTON BONINGTON, in the LE12 postcode district. The below map shows the position of No. 18 on PARK LANE.