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 MOUNT GRACE ROAD is a large detached house of 131m², built sometime between 1983 and 1990. It was last sold for £280,000 in October 2006, which was around 13% above the average October 2006 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 MOUNT GRACE ROAD since 1st 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. One of the two 2 MOUNT GRACE ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2006 30 OCT | £280,000 | £247,811 | 13% above HPI |
1997 5 DEC | £83,000 | £92,003 | 10% below HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 2 MOUNT GRACE ROAD sales from December 1997 and October 2006 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 December 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2006 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
2 MOUNT GRACE ROAD is 131m² according to the EPC inspection conducted in March 2011. This puts it in the largest 40% 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 MOUNT GRACE ROAD lies on this distribution: 70% of detached houses are smaller than 2 MOUNT GRACE ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Loughborough.
2 MOUNT GRACE ROAD sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 2 MOUNT GRACE ROAD, 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 MOUNT GRACE ROAD). 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.
2 MOUNT GRACE ROAD is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 2 on MOUNT GRACE ROAD.