18, FARNDALE DRIVE, LOUGHBOROUGH, LE11 2RQ - £203,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 FARNDALE DRIVE is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £203,500 in February 2019, which was around 39% below the average February 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

18 FARNDALE DRIVE Sold Prices

Land registry data shows two sales for 18 FARNDALE DRIVE 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. Both of the two 18 FARNDALE DRIVE 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
2019 14 FEB	£203,500	£334,153	39% below HPI
1996 2 APR	£59,950	£79,973	25% below HPI

18 FARNDALE 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 two 18 FARNDALE DRIVE sales from April 1996 and February 2019 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 April 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 18 FARNDALE DRIVE?

18 FARNDALE DRIVE is 67m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 18 FARNDALE DRIVE lies on this distribution: 4% of detached houses are smaller than 18 FARNDALE DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

18 FARNDALE DRIVE: Plot and Title Map

18 FARNDALE DRIVE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 18 FARNDALE 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 18 FARNDALE 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 18 FARNDALE DRIVE?

18 FARNDALE DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 18 on FARNDALE DRIVE.