6, CROSS LANE, MOUNTSORREL, LOUGHBOROUGH, LE12 7BY - £350,000

6 CROSS LANE is a very large extended detached house of 165m², built sometime between 1900 and 1929. It was last sold for £350,000 in June 2020, which was around 5% above the average June 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2020, where the current energy rating was E, and the potential energy rating was C.

6 CROSS LANE Sold Prices

Land registry data shows two sales for 6 CROSS 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 Charnwood local authority area for the corresponding sale date. Both of the two 6 CROSS 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
2020 8 JUN	£350,000	£334,262	5% above HPI
2000 14 AUG	£120,000	£117,907	2% above HPI

6 CROSS 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 two 6 CROSS LANE sales from August 2000 and June 2020 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 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 6 CROSS LANE?

6 CROSS LANE is 165m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the largest 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 6 CROSS LANE lies on this distribution: 91% of detached houses are smaller than 6 CROSS LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

6 CROSS LANE: Plot and Title Map

6 CROSS LANE sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 6 CROSS 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 6 CROSS 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 6 CROSS LANE?

6 CROSS LANE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 6 on CROSS LANE.