23, GRASMERE ROAD, LOUGHBOROUGH, LE11 2ST - £290,000

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

23 GRASMERE ROAD is a midsized extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £290,000 in October 2019, which was around 15% below the average October 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

23 GRASMERE ROAD Sold Prices

Land registry data shows three sales for 23 GRASMERE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 23 GRASMERE 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
2019 31 OCT	£290,000	£339,915	15% below HPI
2005 6 MAY	£200,000	£226,149	12% below HPI
2001 17 OCT	£96,950	£135,027	28% below HPI

23 GRASMERE 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 three 23 GRASMERE ROAD sales between October 2001 and October 2019 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 May 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 23 GRASMERE ROAD?

23 GRASMERE ROAD is 108m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 23 GRASMERE ROAD lies on this distribution: 44% of detached houses are smaller than 23 GRASMERE ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

23 GRASMERE ROAD: Plot and Title Map

23 GRASMERE ROAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 23 GRASMERE 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 23 GRASMERE 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 23 GRASMERE ROAD?

23 GRASMERE ROAD is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 23 on GRASMERE ROAD.