3, MORTIMER WAY, LOUGHBOROUGH, LE11 5EY - £250,000

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 MORTIMER WAY is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £250,000 in November 2020, which was around 30% below the average November 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

3 MORTIMER WAY Sold Prices

Land registry data shows two sales for 3 MORTIMER WAY 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 MORTIMER WAY 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 18 NOV	£250,000	£357,130	30% below HPI
2013 21 AUG	£160,000	£245,904	35% below HPI

3 MORTIMER WAY 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 MORTIMER WAY sales from August 2013 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 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 MORTIMER WAY?

3 MORTIMER WAY is 79m² according to the EPC inspection conducted in December 2013. 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 MORTIMER WAY lies on this distribution: 12% of detached houses are smaller than 3 MORTIMER WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

3 MORTIMER WAY: Plot and Title Map

3 MORTIMER WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 3 MORTIMER WAY, 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 MORTIMER WAY). 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 MORTIMER WAY?

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