41, LAUREL ROAD, LOUGHBOROUGH, LE11 2NL - £378,000

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

41 LAUREL ROAD is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £378,000 in December 2021, which was about the average December 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

41 LAUREL ROAD Sold Prices

Land registry data shows three sales for 41 LAUREL ROAD since 1^st 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. The three 41 LAUREL ROAD sales were a mix of roughly equal to the average price, above the average price, and 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 17 DEC	£378,000	£378,547	Close to HPI
2006 16 JUN	£230,000	£232,053	1% below HPI
1995 29 SEP	£94,250	£82,000	15% above HPI

41 LAUREL 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 three 41 LAUREL ROAD sales between September 1995 and December 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 June 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 41 LAUREL ROAD?

41 LAUREL ROAD is 115m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 50% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 41 LAUREL ROAD lies on this distribution: 53% of detached houses are smaller than 41 LAUREL ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

41 LAUREL ROAD: Plot and Title Map

41 LAUREL ROAD sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 41 LAUREL 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 41 LAUREL 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 41 LAUREL ROAD?

41 LAUREL ROAD is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 41 on LAUREL ROAD.