1, CLEVELAND ROAD, LOUGHBOROUGH, LE11 2SP - £280,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CLEVELAND ROAD is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £280,000 in November 2020, which was around 22% below the average November 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

1 CLEVELAND ROAD Sold Prices

Land registry data shows two sales for 1 CLEVELAND ROAD 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 1 CLEVELAND ROAD 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
2020 27 NOV	£280,000	£357,130	22% below HPI
1997 12 SEP	£71,000	£90,900	22% below HPI

1 CLEVELAND ROAD 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 1 CLEVELAND ROAD sales from September 1997 and November 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 September 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2020 sale, which was also at 22% below the HPI.

How Large is 1 CLEVELAND ROAD?

1 CLEVELAND ROAD is 77m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 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 1 CLEVELAND ROAD lies on this distribution: 10% of detached houses are smaller than 1 CLEVELAND ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

1 CLEVELAND ROAD: Plot and Title Map

1 CLEVELAND ROAD sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 1 CLEVELAND ROAD, 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 1 CLEVELAND ROAD). 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 1 CLEVELAND ROAD?

1 CLEVELAND ROAD is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 1 on CLEVELAND ROAD.