3, MONTAGUE DRIVE, LOUGHBOROUGH, LE11 3SB - £315,000

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 MONTAGUE DRIVE is a very small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £315,000 in July 2017, which was around 4% above the average July 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

3 MONTAGUE DRIVE Sold Prices

Land registry data shows two sales for 3 MONTAGUE DRIVE 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. One of the two 3 MONTAGUE DRIVE sales was for above the average price, whilst the other was 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
2017 21 JUL	£315,000	£303,634	4% above HPI
2013 26 JUL	£237,000	£242,784	2% below HPI

3 MONTAGUE 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 two 3 MONTAGUE DRIVE sales from July 2013 and July 2017 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 July 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2017 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 3 MONTAGUE DRIVE?

3 MONTAGUE DRIVE is 85m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% 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 MONTAGUE DRIVE lies on this distribution: 18% of detached houses are smaller than 3 MONTAGUE DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

3 MONTAGUE DRIVE: Plot and Title Map

3 MONTAGUE DRIVE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 3 MONTAGUE 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 MONTAGUE 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 MONTAGUE DRIVE?

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