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
24 BURFIELD AVENUE is a very small detached house of 74m², built sometime between 1930 and 1949. It was last sold for £290,000 in September 2021, which was around 20% below the average September 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 24 BURFIELD AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the five 24 BURFIELD 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 |
---|---|---|---|
2021 30 SEP | £290,000 | £360,770 | 20% below HPI |
2016 15 AUG | £230,000 | £289,896 | 21% below HPI |
2014 7 FEB | £204,000 | £252,841 | 19% below HPI |
2007 9 MAR | £150,000 | £250,928 | 40% below HPI |
2005 30 NOV | £155,000 | £234,580 | 34% below HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The five 24 BURFIELD AVENUE sales between November 2005 and September 2021 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 August 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
24 BURFIELD AVENUE is 74m² according to the EPC inspection conducted in June 2021. 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 24 BURFIELD AVENUE lies on this distribution: 8% of detached houses are smaller than 24 BURFIELD AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Loughborough.
24 BURFIELD AVENUE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 24 BURFIELD 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 24 BURFIELD 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.
24 BURFIELD AVENUE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 24 on BURFIELD AVENUE.