7, BROOKS LANE, WHITWICK, COALVILLE, LE67 5DG - £119,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 BROOKS LANE is a very small terraced house of 47m², built sometime before 1900, which could now be worth an estimated £137,571. It was last sold for £119,000 in August 2021, which was around 30% below the average August 2021 terraced price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

7 BROOKS LANE Sold Prices

Land registry data shows three sales for 7 BROOKS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 7 BROOKS 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 6 AUG	£119,000	£169,437	30% below HPI
2017 20 JUN	£74,000	£135,765	45% below HPI
2008 18 JUL	£60,000	£126,150	52% below HPI

7 BROOKS LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 7 BROOKS LANE sales between July 2008 and August 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 June 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 7 BROOKS LANE be worth now?

7 BROOKS LANE might now be worth an estimated £137,571.

This is based on house price inflation of 15.6%, between August 2021 and April 2026, for terraced houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.6% inflationary increase is applied to the most recent sale price for 7 BROOKS LANE of £119,000 on 6th August 2021. For the value to have increased from £119,000 to £137,571 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 7 BROOKS LANE has moved in line with the HPI for terraced houses in the North West Leicestershire local authority area.
• The August 2021 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BROOKS LANE has not materially changed since August 2021.

How Large is 7 BROOKS LANE?

7 BROOKS LANE is 47m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of terraced houses houses in Whitwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Whitwick, and where 7 BROOKS LANE lies on this distribution: Less than 1% of terraced houses houses are smaller than 7 BROOKS LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Whitwick.

7 BROOKS LANE: Plot and Title Map

7 BROOKS LANE sits on a plot of roughly 0.007 of an acre, or 28m². The below map shows the location of 7 BROOKS 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 7 BROOKS 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 7 BROOKS LANE?

7 BROOKS LANE is located in WHITWICK, in the LE67 postcode district. The below map shows the position of No. 7 on BROOKS LANE.