11A, CLEVELAND ROAD, LOUGHBOROUGH, LE11 2SP - £240,000

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

11A CLEVELAND ROAD is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £240,000 in March 2019, which was around 26% below the average March 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

11A CLEVELAND ROAD Sold Prices

Land registry data shows two sales for 11A 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 11A 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
2019 22 MAR	£240,000	£326,468	26% below HPI
1995 27 OCT	£66,000	£81,938	19% below HPI

11A 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 11A CLEVELAND ROAD sales from October 1995 and March 2019 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 October 1995 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 11A CLEVELAND ROAD?

11A CLEVELAND ROAD is 98m², which includes three extensions, according to the EPC inspection conducted in December 2018. 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 11A CLEVELAND ROAD lies on this distribution: 34% of detached houses are smaller than 11A CLEVELAND ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

11A CLEVELAND ROAD: Plot and Title Map

11A CLEVELAND ROAD sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 11A 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 11A 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 11A CLEVELAND ROAD?

11A CLEVELAND ROAD is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 11A on CLEVELAND ROAD.