3, LEA DRIVE, LOUGHBOROUGH, LE11 2GY - £268,000

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 LEA DRIVE is a large extended detached house of 134m², built sometime between 2003 and 2006. It was last sold for £268,000 in July 2015, which was around 1% below the average July 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

3 LEA DRIVE Sold Prices

Land registry data shows three sales for 3 LEA DRIVE 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. One of the three 3 LEA DRIVE sales was for below the average price, whilst two 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
2015 6 JUL	£268,000	£269,752	1% below HPI
2009 22 DEC	£255,000	£237,991	7% above HPI
2005 28 OCT	£271,000	£235,060	15% above HPI

3 LEA DRIVE 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 3 LEA DRIVE sales between October 2005 and July 2015 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 2009 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 LEA DRIVE?

3 LEA DRIVE is 134m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 LEA DRIVE lies on this distribution: 72% of detached houses are smaller than 3 LEA DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

3 LEA DRIVE: Plot and Title Map

3 LEA DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 3 LEA DRIVE, 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 LEA DRIVE). 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 LEA DRIVE?

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