3, ROWBANK WAY, LOUGHBOROUGH, LE11 4AJ - £325,000

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 ROWBANK WAY is a small extended detached house of 89m², built sometime between 2003 and 2006. It was last sold for £325,000 in September 2022, which was around 21% below the average September 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

3 ROWBANK WAY Sold Prices

Land registry data shows two sales for 3 ROWBANK 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 ROWBANK 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
2022 5 SEP	£325,000	£413,030	21% below HPI
1996 4 APR	£77,000	£79,973	4% below HPI

3 ROWBANK 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 ROWBANK WAY sales from April 1996 and September 2022 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 April 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 ROWBANK WAY?

3 ROWBANK WAY is 89m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 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 ROWBANK WAY lies on this distribution: 23% of detached houses are smaller than 3 ROWBANK WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

3 ROWBANK WAY: Plot and Title Map

3 ROWBANK WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 ROWBANK 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 ROWBANK 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 ROWBANK WAY?

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