31, BUTTERLEY DRIVE, LOUGHBOROUGH, LE11 4PX - £285,000

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 BUTTERLEY DRIVE is a small detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £359,740. It was last sold for £285,000 in June 2020, which was around 14% below the average June 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

31 BUTTERLEY DRIVE Sold Prices

Land registry data shows two sales for 31 BUTTERLEY 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. Both of the two 31 BUTTERLEY DRIVE 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 29 JUN	£285,000	£329,746	14% below HPI
1999 22 JAN	£78,000	£93,720	17% below HPI

31 BUTTERLEY 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 31 BUTTERLEY DRIVE sales from January 1999 and June 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 January 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 31 BUTTERLEY DRIVE be worth now?

31 BUTTERLEY DRIVE might now be worth an estimated £359,740.

This is based on house price inflation of 26.2%, between June 2020 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 26.2% inflationary increase is applied to the most recent sale price for 31 BUTTERLEY DRIVE of £285,000 on 29th June 2020. For the value to have increased from £285,000 to £359,740 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 31 BUTTERLEY DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 31 BUTTERLEY DRIVE has not materially changed since June 2020.

How Large is 31 BUTTERLEY DRIVE?

31 BUTTERLEY DRIVE is 94m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% 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 BUTTERLEY DRIVE lies on this distribution: 30% of detached houses houses are smaller than 31 BUTTERLEY DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

31 BUTTERLEY DRIVE: Plot and Title Map

31 BUTTERLEY DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 31 BUTTERLEY 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 BUTTERLEY 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 BUTTERLEY DRIVE?

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