16, ARCHER CLOSE, LOUGHBOROUGH, LE11 5FF - £289,950

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

16 ARCHER CLOSE is a large extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £289,950 in November 2016, which was around 2% below the average November 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

16 ARCHER CLOSE Sold Prices

Land registry data shows three sales for 16 ARCHER 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 16 ARCHER 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
2016 11 NOV	£289,950	£294,442	2% below HPI
2002 21 JUN	£122,950	£154,189	20% below HPI
1996 8 AUG	£66,000	£82,225	20% below HPI

16 ARCHER 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 16 ARCHER CLOSE sales between August 1996 and November 2016 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 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 16 ARCHER CLOSE?

16 ARCHER CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 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 16 ARCHER CLOSE lies on this distribution: 61% of detached houses are smaller than 16 ARCHER CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

16 ARCHER CLOSE: Plot and Title Map

16 ARCHER CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 16 ARCHER 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 16 ARCHER 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 16 ARCHER CLOSE?

16 ARCHER CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 16 on ARCHER CLOSE.