2, TOWLES DRIVE, SILEBY, LOUGHBOROUGH, LE12 7WY - £293,000

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

2 TOWLES DRIVE is a large detached house of 127m². It was last sold for £293,000 in October 2020, which was around 16% below the average October 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

2 TOWLES DRIVE Sold Prices

Land registry data shows two sales for 2 TOWLES 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. One of the two 2 TOWLES DRIVE sales was for below the average price, whilst the other was 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
2020 2 OCT	£293,000	£347,533	16% below HPI
2017 23 MAR	£295,995	£292,919	1% above HPI

2 TOWLES 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 TOWLES DRIVE sales from March 2017 and October 2020 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 March 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 TOWLES DRIVE be worth now?

2 TOWLES DRIVE might now be worth an estimated £347,397.

This is based on house price inflation of 18.6%, between October 2020 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 18.6% inflationary increase is applied to the most recent sale price for 2 TOWLES DRIVE of £293,000 on 2nd October 2020. For the value to have increased from £293,000 to £347,397 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 TOWLES DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The October 2020 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TOWLES DRIVE has not materially changed since October 2020.

How Large is 2 TOWLES DRIVE?

2 TOWLES DRIVE is 127m² according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses houses in Sileby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sileby, and where 2 TOWLES DRIVE lies on this distribution: 62% of detached houses houses are smaller than 2 TOWLES DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Sileby.

2 TOWLES DRIVE: Plot and Title Map

2 TOWLES DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 2 TOWLES 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 TOWLES 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 TOWLES DRIVE?

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