16, ST OLAVES CLOSE, LOUGHBOROUGH, LE11 4FZ - £275,000

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 ST OLAVES CLOSE is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £275,000 in May 2024, which was around 33% below the average May 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

16 ST OLAVES CLOSE Sold Prices

Land registry data shows two sales for 16 ST OLAVES CLOSE 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. One of the two 16 ST OLAVES CLOSE sales was for below the average price, whilst the other was 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
2024 31 MAY	£275,000	£412,220	33% below HPI
1997 23 JUN	£86,500	£86,687	Close to HPI

16 ST OLAVES 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 two 16 ST OLAVES CLOSE sales from June 1997 and May 2024 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 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2024 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 16 ST OLAVES CLOSE?

16 ST OLAVES CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in March 2021. 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 ST OLAVES CLOSE lies on this distribution: 27% of detached houses are smaller than 16 ST OLAVES CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

16 ST OLAVES CLOSE: Plot and Title Map

16 ST OLAVES CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 16 ST OLAVES 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 ST OLAVES 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 ST OLAVES CLOSE?

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