4, WATKIN DRIVE, LOUGHBOROUGH, LE11 2RR - £235,000

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

4 WATKIN DRIVE is a very small detached house of 76m². It was last sold for £235,000 in February 2023, which was around 44% below the average February 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was C.

4 WATKIN DRIVE Sold Prices

Land registry data shows two sales for 4 WATKIN 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 4 WATKIN 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
2023 10 FEB	£235,000	£419,053	44% below HPI
2017 3 MAR	£174,000	£296,930	41% below HPI

4 WATKIN 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 4 WATKIN DRIVE sales from March 2017 and February 2023 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 March 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2023 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 4 WATKIN DRIVE?

4 WATKIN DRIVE is 76m² according to the EPC inspection conducted in January 2017. 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 4 WATKIN DRIVE lies on this distribution: 9% of detached houses are smaller than 4 WATKIN DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

4 WATKIN DRIVE: Plot and Title Map

4 WATKIN DRIVE sits on a plot of roughly 61.5 acres, or 248,979m². The below map shows the location of 4 WATKIN 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 4 WATKIN 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 4 WATKIN DRIVE?

4 WATKIN DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 4 on WATKIN DRIVE.