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
358 PARK ROAD is a very small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £216,500 in November 2021, which was around 43% below the average November 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 358 PARK ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 358 PARK ROAD 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 |
---|---|---|---|
2021 30 NOV | £216,500 | £376,534 | 43% below HPI |
2014 25 JUL | £145,000 | £257,160 | 44% below HPI |
2005 20 MAY | £161,500 | £226,149 | 29% below HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 358 PARK ROAD sales between May 2005 and November 2021 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 July 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2021 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.
358 PARK ROAD is 73m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 358 PARK ROAD lies on this distribution: 7% of detached houses are smaller than 358 PARK ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Loughborough.
358 PARK ROAD sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 358 PARK 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 358 PARK 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.
358 PARK ROAD is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 358 on PARK ROAD.