16, MICHIE ROAD, LOUGHBOROUGH, LE11 2UQ - £190,000

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.

16 MICHIE ROAD is a small semi-detached house of 87m², which could now be worth an estimated £266,341. It was last sold for £190,000 in November 2017, which was around 1% above the average November 2017 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

16 MICHIE ROAD Sold Prices

Land registry data shows three sales for 16 MICHIE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. Two of the three 16 MICHIE ROAD sales were for above the average price, whilst one was 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
2017 10 NOV	£190,000	£187,205	1% above HPI
2017 13 OCT	£185,000	£186,770	1% below HPI
2012 30 NOV	£151,952	£146,485	4% above HPI

16 MICHIE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 16 MICHIE ROAD sales between November 2012 and November 2017 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 October 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 16 MICHIE ROAD be worth now?

16 MICHIE ROAD might now be worth an estimated £266,341.

This is based on house price inflation of 40.2%, between November 2017 and February 2025, for semi-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 40.2% inflationary increase is applied to the most recent sale price for 16 MICHIE ROAD of £190,000 on 10th November 2017. For the value to have increased from £190,000 to £266,341 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 MICHIE ROAD has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The November 2017 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MICHIE ROAD has not materially changed since November 2017.

How Large is 16 MICHIE ROAD?

16 MICHIE ROAD is 87m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% of semi-detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Loughborough, and where 16 MICHIE ROAD lies on this distribution: 20% of semi-detached houses houses are smaller than 16 MICHIE ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

16 MICHIE ROAD: Plot and Title Map

16 MICHIE ROAD sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 16 MICHIE ROAD, 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 MICHIE ROAD). 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 MICHIE ROAD?

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