54, MAYFIELD DRIVE, LOUGHBOROUGH, LE11 2EB - £425,000

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

54 MAYFIELD DRIVE is a large extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £425,000 in September 2022, which was around 3% above the average September 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

54 MAYFIELD DRIVE Sold Prices

Land registry data shows four sales for 54 MAYFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. One of the four 54 MAYFIELD DRIVE sales was for above the average price, whilst two 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
2022 1 SEP	£425,000	£413,030	3% above HPI
2008 20 MAR	£194,995	£253,412	23% below HPI
2000 9 JUN	£113,000	£112,929	Close to HPI
1997 19 JUN	£79,950	£86,687	8% below HPI

54 MAYFIELD 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 four 54 MAYFIELD DRIVE sales between June 1997 and September 2022 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 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 54 MAYFIELD DRIVE?

54 MAYFIELD DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 54 MAYFIELD DRIVE lies on this distribution: 65% of detached houses are smaller than 54 MAYFIELD DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

54 MAYFIELD DRIVE: Plot and Title Map

54 MAYFIELD DRIVE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 54 MAYFIELD 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 54 MAYFIELD 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 54 MAYFIELD DRIVE?

54 MAYFIELD DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 54 on MAYFIELD DRIVE.