23A, PALMER AVENUE, LOUGHBOROUGH, LE11 5NH - £272,500

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

23A PALMER AVENUE is a midsized extended detached house of 107m², built sometime between 2007 and 2011, which could now be worth an estimated £285,972. It was last sold for £272,500 in April 2024, which was around 31% below the average April 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

23A PALMER AVENUE Sold Prices

Land registry data shows three sales for 23A PALMER AVENUE 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 23A PALMER AVENUE 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
2024 11 APR	£272,500	£392,643	31% below HPI
2017 31 JUL	£183,000	£299,532	39% below HPI
2013 22 MAR	£147,000	£237,964	38% below HPI

23A PALMER AVENUE 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 23A PALMER AVENUE sales between March 2013 and April 2024 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 July 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2024 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 23A PALMER AVENUE be worth now?

23A PALMER AVENUE might now be worth an estimated £285,972.

This is based on house price inflation of 4.9%, between April 2024 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 4.9% inflationary increase is applied to the most recent sale price for 23A PALMER AVENUE of £272,500 on 11th April 2024. For the value to have increased from £272,500 to £285,972 over the four months to December 2024, the following assumptions must hold true:

• The value of 23A PALMER AVENUE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The April 2024 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 23A PALMER AVENUE has not materially changed since April 2024.

How Large is 23A PALMER AVENUE?

23A PALMER AVENUE is 107m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 50% of detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughborough, and where 23A PALMER AVENUE lies on this distribution: 43% of detached houses houses are smaller than 23A PALMER AVENUE, and 56% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

23A PALMER AVENUE: Plot and Title Map

23A PALMER AVENUE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 23A PALMER AVENUE, 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 23A PALMER AVENUE). 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 23A PALMER AVENUE?

23A PALMER AVENUE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 23A on PALMER AVENUE.