31, BEACON DRIVE, LOUGHBOROUGH, LE11 2BD - £232,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 BEACON DRIVE is a small detached house of 101m², which could now be worth an estimated £341,361. It was last sold for £232,000 in February 2016, which was around 18% below the average February 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

31 BEACON DRIVE Sold Prices

Land registry data shows four sales for 31 BEACON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. The four 31 BEACON DRIVE sales were a mix of below the average price, and roughly equal to 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 4 FEB	£232,000	£282,877	18% below HPI
2010 22 APR	£233,000	£233,284	Close to HPI
2007 2 DEC	£246,000	£254,432	3% below HPI
2007 14 MAR	£203,000	£247,538	18% below HPI

31 BEACON 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 four 31 BEACON DRIVE sales between March 2007 and February 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 April 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 31 BEACON DRIVE be worth now?

31 BEACON DRIVE might now be worth an estimated £341,361.

This is based on house price inflation of 47.1%, between February 2016 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.1% inflationary increase is applied to the most recent sale price for 31 BEACON DRIVE of £232,000 on 4th February 2016. For the value to have increased from £232,000 to £341,361 over the nine years to February 2025, the following assumptions must hold true:

• The value of 31 BEACON DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The February 2016 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 31 BEACON DRIVE has not materially changed since February 2016.

How Large is 31 BEACON DRIVE?

31 BEACON DRIVE is 101m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% of detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughborough, and where 31 BEACON DRIVE lies on this distribution: 38% of detached houses houses are smaller than 31 BEACON DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

31 BEACON DRIVE: Plot and Title Map

31 BEACON DRIVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 31 BEACON 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 31 BEACON 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 31 BEACON DRIVE?

31 BEACON DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 31 on BEACON DRIVE.