54, OUTWOODS DRIVE, LOUGHBOROUGH, LE11 3LU - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

54 OUTWOODS DRIVE is a midsized extended semi-detached house of 106m², built sometime between 1900 and 1929, which could now be worth an estimated £383,702. It was last sold for £275,000 in February 2018, which was around 46% above the average February 2018 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

54 OUTWOODS DRIVE Sold Prices

Land registry data shows two sales for 54 OUTWOODS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 54 OUTWOODS 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
2018 2 FEB	£275,000	£188,079	46% above HPI
1998 5 OCT	£75,000	£56,089	34% above HPI

54 OUTWOODS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 54 OUTWOODS DRIVE sales from October 1998 and February 2018 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 October 1998 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the February 2018 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 54 OUTWOODS DRIVE be worth now?

54 OUTWOODS DRIVE might now be worth an estimated £383,702.

This is based on house price inflation of 39.5%, between February 2018 and February 2025, for semi-detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.5% inflationary increase is applied to the most recent sale price for 54 OUTWOODS DRIVE of £275,000 on 2nd February 2018. For the value to have increased from £275,000 to £383,702 over the seven years to February 2025, the following assumptions must hold true:

• The value of 54 OUTWOODS DRIVE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The February 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 54 OUTWOODS DRIVE has not materially changed since February 2018.

How Large is 54 OUTWOODS DRIVE?

54 OUTWOODS DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of semi-detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Loughborough, and where 54 OUTWOODS DRIVE lies on this distribution: 42% of semi-detached houses houses are smaller than 54 OUTWOODS DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

54 OUTWOODS DRIVE: Plot and Title Map

54 OUTWOODS DRIVE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 54 OUTWOODS 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 OUTWOODS 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 OUTWOODS DRIVE?

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