1A, FAIRMOUNT DRIVE, LOUGHBOROUGH, LE11 3JR - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1A FAIRMOUNT DRIVE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £272,363. It was last sold for £220,000 in January 2019, which was around 34% below the average January 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

1A FAIRMOUNT DRIVE Sold Prices

Land registry data shows three sales for 1A FAIRMOUNT 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. One of the three 1A FAIRMOUNT DRIVE sales was for below the average price, whilst two were for above 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 22 JAN	£220,000	£332,835	34% below HPI
2002 4 NOV	£174,950	£173,891	1% above HPI
2001 24 MAY	£126,000	£123,586	2% above HPI

1A FAIRMOUNT 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 1A FAIRMOUNT DRIVE sales between May 2001 and January 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 November 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 1A FAIRMOUNT DRIVE be worth now?

1A FAIRMOUNT DRIVE might now be worth an estimated £272,363.

This is based on house price inflation of 23.8%, between January 2019 and December 2024, for 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 23.8% inflationary increase is applied to the most recent sale price for 1A FAIRMOUNT DRIVE of £220,000 on 22nd January 2019. For the value to have increased from £220,000 to £272,363 over the four years and one month to December 2024, the following assumptions must hold true:

• The value of 1A FAIRMOUNT DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The January 2019 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1A FAIRMOUNT DRIVE has not materially changed since January 2019.

How Large is 1A FAIRMOUNT DRIVE?

1A FAIRMOUNT DRIVE is 74m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughborough, and where 1A FAIRMOUNT DRIVE lies on this distribution: 8% of detached houses houses are smaller than 1A FAIRMOUNT DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

1A FAIRMOUNT DRIVE: Plot and Title Map

1A FAIRMOUNT DRIVE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 1A FAIRMOUNT 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 1A FAIRMOUNT 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 1A FAIRMOUNT DRIVE?

1A FAIRMOUNT DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 1A on FAIRMOUNT DRIVE.