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
306 BEACON ROAD is a very large extended detached house of 176m², built sometime between 1950 and 1966. It was last sold for £425,000 in April 2016, which was around 50% above the average April 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 306 BEACON ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Most of the five 306 BEACON ROAD sales 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 |
---|---|---|---|
2016 29 APR | £425,000 | £283,658 | 50% above HPI |
2006 9 JUN | £280,000 | £232,053 | 21% above HPI |
2001 23 FEB | £146,000 | £120,453 | 21% above HPI |
1997 12 JUN | £117,500 | £86,687 | 36% above HPI |
1995 15 DEC | £76,000 | £82,791 | 8% below HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The five 306 BEACON ROAD sales between December 1995 and April 2016 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 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2016 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.
306 BEACON ROAD is 176m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 306 BEACON ROAD lies on this distribution: 91% of detached houses are smaller than 306 BEACON ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Loughborough.
306 BEACON ROAD sits on a plot of roughly 0.169 of an acre, or 686m². The below map shows the location of 306 BEACON ROAD, 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 306 BEACON ROAD). 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.
306 BEACON ROAD is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 306 on BEACON ROAD.