10, PATERSON DRIVE, WOODHOUSE EAVES, LOUGHBOROUGH, LE12 8RL - £550,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 PATERSON DRIVE is a midsized extended detached house of 148m², built sometime between 1976 and 1982, which could now be worth an estimated £717,499. It was last sold for £550,000 in October 2018, which was around 72% above the average October 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

10 PATERSON DRIVE Sold Prices

Land registry data shows two sales for 10 PATERSON DRIVE 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 10 PATERSON DRIVE 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
2018 18 OCT	£550,000	£319,055	72% above HPI
2004 26 MAY	£285,000	£212,224	34% above HPI

10 PATERSON 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 two 10 PATERSON DRIVE sales from May 2004 and October 2018 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 May 2004 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2018 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 10 PATERSON DRIVE be worth now?

10 PATERSON DRIVE might now be worth an estimated £717,499.

This is based on house price inflation of 30.5%, between October 2018 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.5% inflationary increase is applied to the most recent sale price for 10 PATERSON DRIVE of £550,000 on 18th October 2018. For the value to have increased from £550,000 to £717,499 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 10 PATERSON DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The October 2018 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PATERSON DRIVE has not materially changed since October 2018.

How Large is 10 PATERSON DRIVE?

10 PATERSON DRIVE is 148m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% of detached houses houses in Woodhouse Eaves, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodhouse Eaves, and where 10 PATERSON DRIVE lies on this distribution: 41% of detached houses houses are smaller than 10 PATERSON DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Woodhouse Eaves.

10 PATERSON DRIVE: Plot and Title Map

10 PATERSON DRIVE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 10 PATERSON 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 10 PATERSON 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 10 PATERSON DRIVE?

10 PATERSON DRIVE is located in WOODHOUSE EAVES, in the LE12 postcode district. The below map shows the position of No. 10 on PATERSON DRIVE.