15, BURBAGE CLOSE, LOUGHBOROUGH, LE11 5UL - £220,000

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

15 BURBAGE CLOSE is a midsized detached house of 121m², built sometime between 1967 and 1975. It was last sold for £220,000 in December 2015, which was around 23% below the average December 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

15 BURBAGE CLOSE Sold Prices

Land registry data shows three sales for 15 BURBAGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 15 BURBAGE CLOSE 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
2015 1 DEC	£220,000	£284,661	23% below HPI
2011 20 MAY	£178,000	£244,965	27% below HPI
2009 4 DEC	£187,000	£237,991	21% below HPI

15 BURBAGE CLOSE 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 three 15 BURBAGE CLOSE sales between December 2009 and December 2015 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 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 15 BURBAGE CLOSE?

15 BURBAGE CLOSE is 121m² according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 15 BURBAGE CLOSE lies on this distribution: 59% of detached houses are smaller than 15 BURBAGE CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

15 BURBAGE CLOSE: Plot and Title Map

15 BURBAGE CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 15 BURBAGE CLOSE, 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 15 BURBAGE CLOSE). 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 15 BURBAGE CLOSE?

15 BURBAGE CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 15 on BURBAGE CLOSE.