51, NEWSTEAD WAY, LOUGHBOROUGH, LE11 2UA - £171,000

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

51 NEWSTEAD WAY is a very small detached house of 75m². It was last sold for £171,000 in July 2005, which was around 26% below the average July 2005 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2009, where the current energy rating was B, and the potential energy rating was B.

51 NEWSTEAD WAY Sold Prices

Land registry data shows two sales for 51 NEWSTEAD WAY 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 51 NEWSTEAD WAY 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
2005 29 JUL	£171,000	£231,570	26% below HPI
2004 28 MAY	£155,450	£215,130	28% below HPI

51 NEWSTEAD WAY 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 51 NEWSTEAD WAY sales from May 2004 and July 2005 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 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2005 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 51 NEWSTEAD WAY?

51 NEWSTEAD WAY is 75m² according to the EPC inspection conducted in October 2009. 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 51 NEWSTEAD WAY lies on this distribution: 9% of detached houses are smaller than 51 NEWSTEAD WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

51 NEWSTEAD WAY: Plot and Title Map

51 NEWSTEAD WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 51 NEWSTEAD WAY, 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 51 NEWSTEAD WAY). 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 51 NEWSTEAD WAY?

51 NEWSTEAD WAY is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 51 on NEWSTEAD WAY.