55, NEWSTEAD WAY, LOUGHBOROUGH, LE11 2UA - £219,000

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

55 NEWSTEAD WAY is a small detached house of 97m², built sometime between 2003 and 2006. It was last sold for £219,000 in August 2015, which was around 20% below the average August 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

55 NEWSTEAD WAY Sold Prices

Land registry data shows two sales for 55 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 55 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
2015 27 AUG	£219,000	£272,949	20% below HPI
2004 30 APR	£197,950	£216,482	9% below HPI

55 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 55 NEWSTEAD WAY sales from April 2004 and August 2015 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 April 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 55 NEWSTEAD WAY?

55 NEWSTEAD WAY is 97m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 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 55 NEWSTEAD WAY lies on this distribution: 33% of detached houses are smaller than 55 NEWSTEAD WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

55 NEWSTEAD WAY: Plot and Title Map

55 NEWSTEAD WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 55 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 55 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 55 NEWSTEAD WAY?

55 NEWSTEAD WAY is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 55 on NEWSTEAD WAY.