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£2,000,000
Asking price

5 bed residential development for sale Widmerpool Lane, Willoughby On-The-Wolds, LE12

5 beds 6 baths Residential Development
Freehold

Added on 16/09/2026

About this property

HIGH-VALUE COUNTRY ESTATE WITH £2M GDV BARN CONVERSION – DEVELOPMENT & INCOME POTENTIAL An exceptional opportunity to acquire Old Willoughby Lodge, a substantial rural asset extending to approximately 13 acres, offering a rare combination of immediate residential value, significant development upside, and long-term investment potential. Positioned on the edge of the highly desirable village of Willoughby-on-the-Wolds, the property centres around a fully consented barn conversion with architect-designed plans in place for a premium contemporary dwelling. The scheme carries a projected Gross Development Value of approximately £2 million as a standalone unit, presenting a clear and compelling exit opportunity.

Property type
Residential Development
Bedrooms
5
Bathrooms
6
Tenure
Freehold
Council tax
Band G (Approx £4,405/year)
Postcode
LE12 6TE

Key features

  • £2m GDV APPROVED BARN CONVERSION
  • APPROX 13 ACRES
  • OUTBUILDINGS WITH DEV POTENTIAL (STPP)
  • STRONG LOCATION DEMAND
  • SCOPE FOR MULTI EXIT STRATEGIES
  • 4,000 + SQ FT MAIN RESIDENCE

Floorplan

Location

Widmerpool Lane, Willoughby On-The-Wolds, LE12, LE12 6TE

Sold prices in LE12 6TE

HM Land Registry sales in LE12 6TE. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
9, Widmerpool Lane DetachedOct 20221,733 sq ft £289/sq ft£500,000
5, Widmerpool Lane DetachedJan 20221,927 sq ft £231/sq ft£444,950
Field Farm Bungalow, Widmerpool Lane DetachedJul 2018£260,000
11, Widmerpool Lane DetachedAug 20162,013 sq ft £209/sq ft£420,000
1, Widmerpool Lane DetachedNov 20152,411 sq ft £182/sq ft£440,000
9, Widmerpool Lane DetachedOct 20141,733 sq ft £216/sq ft£375,000
Field Farm Bungalow, Widmerpool Lane DetachedDec 2011£210,000
7, Widmerpool Lane DetachedSept 2007£365,000

All sold prices in Loughborough →

Area insights

The neighbourhood around this property.

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