405, PARK ROAD, LOUGHBOROUGH, LE11 2HQ - £325,000

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

405 PARK ROAD is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £325,000 in October 2021, which was around 11% below the average October 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

405 PARK ROAD Sold Prices

Land registry data shows two sales for 405 PARK ROAD 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 405 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 18 OCT	£325,000	£365,923	11% below HPI
2002 8 NOV	£136,500	£176,272	23% below HPI

405 PARK ROAD 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 405 PARK ROAD sales from November 2002 and October 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 November 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 405 PARK ROAD?

405 PARK ROAD is 84m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 405 PARK ROAD lies on this distribution: 17% of detached houses are smaller than 405 PARK ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

405 PARK ROAD: Plot and Title Map

405 PARK ROAD sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 405 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 405 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.

Where is 405 PARK ROAD?

405 PARK ROAD is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 405 on PARK ROAD.