41, MONTAGUE DRIVE, LOUGHBOROUGH, LE11 3SB - £427,000

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

41 MONTAGUE DRIVE is a large detached house of 140m², built sometime between 1991 and 1995. It was last sold for £427,000 in December 2019, which was around 27% above the average December 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

41 MONTAGUE DRIVE Sold Prices

Land registry data shows two sales for 41 MONTAGUE 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 41 MONTAGUE DRIVE sales were for above 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
2019 19 DEC	£427,000	£336,877	27% above HPI
2016 31 MAY	£388,500	£284,587	37% above HPI

41 MONTAGUE 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 41 MONTAGUE DRIVE sales from May 2016 and December 2019 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 May 2016 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the December 2019 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 41 MONTAGUE DRIVE?

41 MONTAGUE DRIVE is 140m² according to the EPC inspection conducted in October 2015. This puts it in the largest 30% 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 MONTAGUE DRIVE lies on this distribution: 76% of detached houses are smaller than 41 MONTAGUE DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

41 MONTAGUE DRIVE: Plot and Title Map

41 MONTAGUE DRIVE sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 41 MONTAGUE 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 41 MONTAGUE 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 41 MONTAGUE DRIVE?

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