THE OLD LOCK HOUSE, CANAL BANK, LOUGHBOROUGH, LE11 1QA - £510,000

THE OLD LOCK HOUSE is a very large extended detached house of 223m², built sometime before 1900. It was last sold for £510,000 in June 2021, which was around 37% above the average June 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2016, where the current energy rating was G, and the potential energy rating was C.

THE OLD LOCK HOUSE Sold Prices

Land registry data shows three sales for THE OLD LOCK HOUSE 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. Two of the three THE OLD LOCK HOUSE sales were for above the average price, whilst one was 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 30 JUN	£510,000	£373,487	37% above HPI
2016 9 DEC	£385,000	£296,253	30% above HPI
1997 15 OCT	£44,000	£91,749	52% below HPI

THE OLD LOCK HOUSE 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 THE OLD LOCK HOUSE sales between October 1997 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 December 2016 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is THE OLD LOCK HOUSE?

THE OLD LOCK HOUSE is 223m², which includes three extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 10% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where THE OLD LOCK HOUSE lies on this distribution: 97% of detached houses are smaller than THE OLD LOCK HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

THE OLD LOCK HOUSE: Plot and Title Map

THE OLD LOCK HOUSE sits on a plot of roughly 0.204 of an acre, or 825m². The below map shows the location of THE OLD LOCK HOUSE, 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 THE OLD LOCK HOUSE). 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 THE OLD LOCK HOUSE?

THE OLD LOCK HOUSE is located on CANAL BANK in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of THE OLD LOCK HOUSE on CANAL BANK.