3, MOLYNEUX DRIVE, SILEBY, LOUGHBOROUGH, LE12 7SL - £249,000

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

3 MOLYNEUX DRIVE is a large detached house of 140m², built sometime between 2003 and 2006. It was last sold for £249,000 in July 2018, which was around 22% below the average July 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

3 MOLYNEUX DRIVE Sold Prices

Land registry data shows three sales for 3 MOLYNEUX 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. All of the three 3 MOLYNEUX DRIVE 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
2018 23 JUL	£249,000	£320,911	22% below HPI
2004 9 JUN	£186,500	£221,322	16% below HPI
2002 1 JUL	£50,000	£160,117	69% below HPI

3 MOLYNEUX 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 MOLYNEUX DRIVE sales between July 2002 and July 2018 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 June 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 MOLYNEUX DRIVE?

3 MOLYNEUX DRIVE is 140m² according to the EPC inspection conducted in February 2018. This puts it in the largest 30% of detached houses in Sileby, based on EPC data. The below chart shows the distribution of detached houses by size in Sileby, and where 3 MOLYNEUX DRIVE lies on this distribution: 78% of detached houses are smaller than 3 MOLYNEUX DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Sileby.

3 MOLYNEUX DRIVE: Plot and Title Map

3 MOLYNEUX DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 MOLYNEUX 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 MOLYNEUX 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 MOLYNEUX DRIVE?

3 MOLYNEUX DRIVE is located in SILEBY, in the LE12 postcode district. The below map shows the position of No. 3 on MOLYNEUX DRIVE.