18, MONTAGUE DRIVE, LOUGHBOROUGH, LE11 3SB - £390,000

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 MONTAGUE DRIVE is a small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £390,000 in August 2023, which was around 7% below the average August 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

18 MONTAGUE DRIVE Sold Prices

Land registry data shows three sales for 18 MONTAGUE DRIVE 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 18 MONTAGUE 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
2023 7 AUG	£390,000	£421,593	7% below HPI
2022 25 NOV	£345,000	£422,757	18% below HPI
2000 24 JUL	£110,000	£116,441	6% below HPI

18 MONTAGUE 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 three 18 MONTAGUE DRIVE sales between July 2000 and August 2023 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 November 2022 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 18 MONTAGUE DRIVE?

18 MONTAGUE DRIVE is 87m², which includes one extension, according to the EPC inspection conducted in September 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 18 MONTAGUE DRIVE lies on this distribution: 20% of detached houses are smaller than 18 MONTAGUE DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

18 MONTAGUE DRIVE: Plot and Title Map

18 MONTAGUE DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 18 MONTAGUE 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 MONTAGUE 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 MONTAGUE DRIVE?

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