16, FRANCIS DRIVE, LOUGHBOROUGH, LE11 5FD - £277,000

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

16 FRANCIS DRIVE is a small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £277,000 in November 2016, which was around 6% below the average November 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

16 FRANCIS DRIVE Sold Prices

Land registry data shows five sales for 16 FRANCIS DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. The five 16 FRANCIS DRIVE sales were a mix of below the average price, and roughly equal to 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	£277,000	£294,442	6% below HPI
2013 7 JUN	£240,000	£239,423	Close to HPI
2009 21 SEP	£175,000	£230,571	24% below HPI
2003 1 SEP	£140,000	£207,412	33% below HPI
1995 7 AUG	£66,000	£80,963	18% below HPI

16 FRANCIS 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 five 16 FRANCIS DRIVE sales between August 1995 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 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 16 FRANCIS DRIVE?

16 FRANCIS DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% 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 FRANCIS DRIVE lies on this distribution: 24% of detached houses are smaller than 16 FRANCIS DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

16 FRANCIS DRIVE: Plot and Title Map

16 FRANCIS DRIVE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 16 FRANCIS 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 16 FRANCIS 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 16 FRANCIS DRIVE?

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