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
22 FAIRMEADOWS WAY is a small extended detached house of 102m², built sometime between 1991 and 1995. It was last sold for £220,000 in February 2004, which was around 3% above the average February 2004 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 22 FAIRMEADOWS WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 22 FAIRMEADOWS WAY 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 |
---|---|---|---|
2004 26 FEB | £220,000 | £213,371 | 3% above HPI |
2002 12 SEP | £175,000 | £169,241 | 3% above HPI |
1996 14 JUN | £89,950 | £80,253 | 12% above HPI |
1995 26 MAY | £91,950 | £80,427 | 14% above HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The four 22 FAIRMEADOWS WAY sales between May 1995 and February 2004 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 September 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2004 sale, which was also at 3% above the HPI.
22 FAIRMEADOWS WAY is 102m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 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 22 FAIRMEADOWS WAY lies on this distribution: 38% of detached houses are smaller than 22 FAIRMEADOWS WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Loughborough.
22 FAIRMEADOWS WAY sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 22 FAIRMEADOWS WAY, 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 22 FAIRMEADOWS WAY). 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.
22 FAIRMEADOWS WAY is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 22 on FAIRMEADOWS WAY.