3, ARCHER CLOSE, LOUGHBOROUGH, LE11 5FF - £205,000

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

3 ARCHER CLOSE is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £205,000 in November 2011, which was around 13% below the average November 2011 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

3 ARCHER CLOSE Sold Prices

Land registry data shows four sales for 3 ARCHER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. two of the four 3 ARCHER CLOSE sales were for below the average price, and four were 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
2011 25 NOV	£205,000	£235,403	13% below HPI
2003 28 NOV	£189,000	£213,188	11% below HPI
1998 22 MAY	£95,000	£92,387	3% above HPI
1997 14 DEC	£100,000	£92,003	9% above HPI

3 ARCHER CLOSE 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 four 3 ARCHER CLOSE sales between December 1997 and November 2011 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 November 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2011 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 ARCHER CLOSE?

3 ARCHER CLOSE is 88m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 3 ARCHER CLOSE lies on this distribution: 21% of detached houses are smaller than 3 ARCHER CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

3 ARCHER CLOSE: Plot and Title Map

3 ARCHER CLOSE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 3 ARCHER 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 3 ARCHER 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.

Where is 3 ARCHER CLOSE?

3 ARCHER CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 3 on ARCHER CLOSE.