37, WHEATLAND DRIVE, LOUGHBOROUGH, LE11 2AR - £196,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

37 WHEATLAND DRIVE is a very small extended detached house of 72m², built sometime between 1930 and 1949. It was last sold for £196,000 in December 2017, which was around 36% below the average December 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

37 WHEATLAND DRIVE Sold Prices

Land registry data shows two sales for 37 WHEATLAND 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 37 WHEATLAND 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
2017 13 DEC	£196,000	£307,696	36% below HPI
2010 12 NOV	£160,000	£245,189	35% below HPI

37 WHEATLAND 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 37 WHEATLAND DRIVE sales from November 2010 and December 2017 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 November 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 37 WHEATLAND DRIVE?

37 WHEATLAND DRIVE is 72m², which includes one extension, according to the EPC inspection conducted in July 2010. 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 37 WHEATLAND DRIVE lies on this distribution: 7% of detached houses are smaller than 37 WHEATLAND DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

37 WHEATLAND DRIVE: Plot and Title Map

37 WHEATLAND DRIVE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 37 WHEATLAND 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 37 WHEATLAND 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 37 WHEATLAND DRIVE?

37 WHEATLAND DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 37 on WHEATLAND DRIVE.