8, CHAPEL LANE, LEICESTER, LE2 3WE - £290,000

8 CHAPEL LANE is a very large extended detached house of 376m², built sometime between 1930 and 1949. It was last sold for £290,000 in August 2001, which was around 177% above the average August 2001 detached price in the Leicester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

8 CHAPEL LANE Sold Prices

Land registry data shows two sales for 8 CHAPEL 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 Leicester local authority area for the corresponding sale date. Both of the two 8 CHAPEL 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
2001 31 AUG	£290,000	£104,636	177% above HPI
1997 15 OCT	£220,000	£72,397	204% above HPI

8 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 8 CHAPEL LANE sales from October 1997 and August 2001 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 1997 sale was for 204% above the HPI. So the extrapolation line tracks at 204% above the HPI over time, until the August 2001 sale, where it falls to 177% above the HPI. The line then continues to track at 177% above the HPI.

How Large is 8 CHAPEL LANE?

8 CHAPEL LANE is 376m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 8 CHAPEL LANE lies on this distribution: More than 99% of detached houses are smaller than 8 CHAPEL LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 CHAPEL LANE: Plot and Title Map

8 CHAPEL LANE sits on a plot of roughly 0.362 of an acre, or 1,463m². The below map shows the location of 8 CHAPEL 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 8 CHAPEL 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 8 CHAPEL LANE?

8 CHAPEL LANE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 8 on CHAPEL LANE.