1, WATKIN DRIVE, LOUGHBOROUGH, LE11 2RR - £279,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 WATKIN DRIVE is a small detached house of 100m². It was last sold for £279,000 in September 2021, which was around 23% below the average September 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

1 WATKIN DRIVE Sold Prices

Land registry data shows four sales for 1 WATKIN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 1 WATKIN DRIVE 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 29 SEP	£279,000	£360,770	23% below HPI
2019 8 NOV	£245,000	£339,324	28% below HPI
2019 19 JUL	£250,000	£329,756	24% below HPI
2017 1 SEP	£245,000	£310,638	21% below HPI

1 WATKIN DRIVE 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 four 1 WATKIN DRIVE sales between September 2017 and September 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 November 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 WATKIN DRIVE?

1 WATKIN DRIVE is 100m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% 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 WATKIN DRIVE lies on this distribution: 36% of detached houses are smaller than 1 WATKIN DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

1 WATKIN DRIVE: Plot and Title Map

1 WATKIN DRIVE sits on a plot of roughly 61.5 acres, or 248,979m². The below map shows the location of 1 WATKIN DRIVE, 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 WATKIN DRIVE). 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 WATKIN DRIVE?

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