14, MAYFIELD DRIVE, LOUGHBOROUGH, LE11 2EB - £310,000

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.

14 MAYFIELD DRIVE is a small detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £366,240. It was last sold for £310,000 in November 2020, which was around 12% below the average November 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

14 MAYFIELD DRIVE Sold Prices

Land registry data shows two sales for 14 MAYFIELD 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 14 MAYFIELD 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
2020 20 NOV	£310,000	£352,306	12% below HPI
2020 8 JUN	£220,000	£329,746	33% below HPI

14 MAYFIELD 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 14 MAYFIELD DRIVE sales from June 2020 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 June 2020 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 14 MAYFIELD DRIVE be worth now?

14 MAYFIELD DRIVE might now be worth an estimated £366,240.

This is based on house price inflation of 18.1%, between November 2020 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 18.1% inflationary increase is applied to the most recent sale price for 14 MAYFIELD DRIVE of £310,000 on 20th November 2020. For the value to have increased from £310,000 to £366,240 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 MAYFIELD DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MAYFIELD DRIVE has not materially changed since November 2020.

How Large is 14 MAYFIELD DRIVE?

14 MAYFIELD DRIVE is 94m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughborough, and where 14 MAYFIELD DRIVE lies on this distribution: 30% of detached houses houses are smaller than 14 MAYFIELD DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

14 MAYFIELD DRIVE: Plot and Title Map

14 MAYFIELD DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 14 MAYFIELD 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 14 MAYFIELD 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 14 MAYFIELD DRIVE?

14 MAYFIELD DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 14 on MAYFIELD DRIVE.