3, JAMES AVENUE, LOUGHBOROUGH, LE11 5QL - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 JAMES AVENUE is a midsized detached house of 112m², built sometime between 1976 and 1982, which could now be worth an estimated £324,890. It was last sold for £275,000 in November 2020, which was around 22% below the average November 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

3 JAMES AVENUE Sold Prices

Land registry data shows two sales for 3 JAMES AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 3 JAMES 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
2020 6 NOV	£275,000	£352,306	22% below HPI
2019 9 AUG	£180,000	£326,591	45% below HPI

3 JAMES 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 two 3 JAMES AVENUE sales from August 2019 and November 2020 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 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 JAMES AVENUE be worth now?

3 JAMES AVENUE might now be worth an estimated £324,890.

This is based on house price inflation of 18.1%, between November 2020 and February 2025, 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 18.1% inflationary increase is applied to the most recent sale price for 3 JAMES AVENUE of £275,000 on 6th November 2020. For the value to have increased from £275,000 to £324,890 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 JAMES AVENUE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 3 JAMES AVENUE has not materially changed since November 2020.

How Large is 3 JAMES AVENUE?

3 JAMES AVENUE is 112m² according to the EPC inspection conducted in October 2018. 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 3 JAMES AVENUE lies on this distribution: 49% of detached houses houses are smaller than 3 JAMES AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

3 JAMES AVENUE: Plot and Title Map

3 JAMES AVENUE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 3 JAMES 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 3 JAMES 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 3 JAMES AVENUE?

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