120, PARKLANDS DRIVE, LOUGHBOROUGH, LE11 2TD - £278,500

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

120 PARKLANDS DRIVE is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £278,500 in December 2023, which was around 32% below the average December 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

120 PARKLANDS DRIVE Sold Prices

Land registry data shows two sales for 120 PARKLANDS 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 120 PARKLANDS 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
2023 7 DEC	£278,500	£406,885	32% below HPI
2018 25 MAY	£180,000	£320,571	44% below HPI

120 PARKLANDS 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 120 PARKLANDS DRIVE sales from May 2018 and December 2023 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 2018 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 120 PARKLANDS DRIVE?

120 PARKLANDS DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in March 2022. 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 120 PARKLANDS DRIVE lies on this distribution: 10% of detached houses are smaller than 120 PARKLANDS DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

120 PARKLANDS DRIVE: Plot and Title Map

120 PARKLANDS DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 120 PARKLANDS 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 120 PARKLANDS 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 120 PARKLANDS DRIVE?

120 PARKLANDS DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 120 on PARKLANDS DRIVE.