2, ELMS DRIVE, QUORN, LOUGHBOROUGH, LE12 8AF - £730,000

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

2 ELMS DRIVE is a very large extended detached house of 252m², built sometime between 1900 and 1929. It was last sold for £730,000 in August 2016, which was around 152% above the average August 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

2 ELMS DRIVE Sold Prices

Land registry data shows three sales for 2 ELMS 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 2 ELMS DRIVE sales 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
2016 5 AUG	£730,000	£289,896	152% above HPI
2014 31 OCT	£685,000	£266,550	157% above HPI
2010 2 DEC	£417,500	£243,040	72% above HPI

2 ELMS 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 2 ELMS DRIVE sales between December 2010 and August 2016 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 2014 sale was for 157% above the HPI. So the extrapolation line tracks at 157% above the HPI over time, until the August 2016 sale, where it falls to 152% above the HPI. The line then continues to track at 152% above the HPI.

How Large is 2 ELMS DRIVE?

2 ELMS DRIVE is 252m², which includes four extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 10% of detached houses in Quorn, based on EPC data. The below chart shows the distribution of detached houses by size in Quorn, and where 2 ELMS DRIVE lies on this distribution: 95% of detached houses are smaller than 2 ELMS DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Quorn.

2 ELMS DRIVE: Plot and Title Map

2 ELMS DRIVE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 2 ELMS 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 2 ELMS 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 2 ELMS DRIVE?

2 ELMS DRIVE is located in QUORN, in the LE12 postcode district. The below map shows the position of No. 2 on ELMS DRIVE.