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
23 WEAVER CLOSE is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £152,500 in June 2017, which was around 49% below the average June 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 23 WEAVER CLOSE since 1st 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 WEAVER CLOSE 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 |
---|---|---|---|
2017 16 JUN | £152,500 | £297,710 | 49% below HPI |
2004 1 DEC | £138,000 | £234,322 | 41% below HPI |
2003 7 FEB | £108,000 | £185,003 | 42% below HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 23 WEAVER CLOSE sales between February 2003 and June 2017 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 December 2004 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2017 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.
23 WEAVER CLOSE is 70m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% 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 WEAVER CLOSE lies on this distribution: 6% of detached houses are smaller than 23 WEAVER CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Loughborough.
23 WEAVER CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 23 WEAVER CLOSE, 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 WEAVER CLOSE). 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.
23 WEAVER CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 23 on WEAVER CLOSE.