2, MENDEL DRIVE, LOUGHBOROUGH, LE11 5SE - £272,500

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 MENDEL DRIVE is a very small detached house of 77m², built sometime from 2007 onwards. It was last sold for £272,500 in April 2022, which was around 31% below the average April 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

2 MENDEL DRIVE Sold Prices

Land registry data shows two sales for 2 MENDEL 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 2 MENDEL 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
2022 20 APR	£272,500	£394,918	31% below HPI
2009 28 AUG	£179,995	£226,109	20% below HPI

2 MENDEL 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 2 MENDEL DRIVE sales from August 2009 and April 2022 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 August 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 MENDEL DRIVE?

2 MENDEL DRIVE is 77m² according to the EPC inspection conducted in July 2020. 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 2 MENDEL DRIVE lies on this distribution: 10% of detached houses are smaller than 2 MENDEL DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

2 MENDEL DRIVE: Plot and Title Map

2 MENDEL DRIVE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 2 MENDEL 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 MENDEL 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 MENDEL DRIVE?

2 MENDEL DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 2 on MENDEL DRIVE.