228, LEICESTER ROAD, LOUGHBOROUGH, LE11 2AH - £395,000

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

228 LEICESTER ROAD is a very large extended detached house of 148m², built sometime between 1900 and 1929. It was last sold for £395,000 in September 2023, which was around 4% below the average September 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

228 LEICESTER ROAD Sold Prices

Land registry data shows two sales for 228 LEICESTER ROAD 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 228 LEICESTER ROAD 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
2023 8 SEP	£395,000	£412,220	4% below HPI
2003 2 JUN	£230,000	£198,810	16% above HPI

228 LEICESTER 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 two 228 LEICESTER ROAD sales from June 2003 and September 2023 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 June 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 228 LEICESTER ROAD?

228 LEICESTER ROAD is 148m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 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 228 LEICESTER ROAD lies on this distribution: 80% of detached houses are smaller than 228 LEICESTER ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

228 LEICESTER ROAD: Plot and Title Map

228 LEICESTER ROAD sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 228 LEICESTER 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 228 LEICESTER 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 228 LEICESTER ROAD?

228 LEICESTER ROAD is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 228 on LEICESTER ROAD.