2, OTTER LANE, MOUNTSORREL, LOUGHBOROUGH, LE12 7GF - £231,500

2 OTTER LANE is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £231,500 in June 2021, which was around 35% below the average June 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

2 OTTER LANE Sold Prices

Land registry data shows three sales for 2 OTTER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 2 OTTER 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
2021 16 JUN	£231,500	£358,533	35% below HPI
2011 31 OCT	£152,000	£239,604	37% below HPI
1999 27 AUG	£66,450	£102,116	35% below HPI

2 OTTER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 2 OTTER LANE sales between August 1999 and June 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 October 2011 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 OTTER LANE?

2 OTTER LANE is 68m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses by size in Mountsorrel, and where 2 OTTER LANE lies on this distribution: 6% of detached houses are smaller than 2 OTTER LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

2 OTTER LANE: Plot and Title Map

2 OTTER LANE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 2 OTTER 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 2 OTTER 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 2 OTTER LANE?

2 OTTER LANE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 2 on OTTER LANE.