2, REDWOOD ROAD, LOUGHBOROUGH, LE11 2LD - £185,000

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

2 REDWOOD ROAD is a very small detached house of 84m². It was last sold for £185,000 in April 2018, which was around 42% below the average April 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

2 REDWOOD ROAD Sold Prices

Land registry data shows six sales for 2 REDWOOD ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the six 2 REDWOOD ROAD 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
2018 12 APR	£185,000	£321,034	42% below HPI
2016 22 APR	£159,995	£283,658	44% below HPI
2012 14 DEC	£143,500	£239,297	40% below HPI
2005 2 SEP	£135,000	£234,934	43% below HPI
1999 29 JAN	£68,500	£95,003	28% below HPI
1995 21 DEC	£52,000	£82,791	37% below HPI

2 REDWOOD ROAD 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 six 2 REDWOOD ROAD sales between December 1995 and April 2018 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 April 2016 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2018 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 REDWOOD ROAD?

2 REDWOOD ROAD is 84m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% 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 REDWOOD ROAD lies on this distribution: 18% of detached houses are smaller than 2 REDWOOD ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

2 REDWOOD ROAD: Plot and Title Map

2 REDWOOD ROAD sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 2 REDWOOD 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 REDWOOD 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.

Where is 2 REDWOOD ROAD?

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