7, BROOM AVENUE, LOUGHBOROUGH, LE11 2QU - £232,000

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

7 BROOM AVENUE is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £232,000 in January 2020, which was around 31% below the average January 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

7 BROOM AVENUE Sold Prices

Land registry data shows three sales for 7 BROOM AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 7 BROOM AVENUE 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
2020 10 JAN	£232,000	£335,631	31% below HPI
2016 31 MAR	£225,000	£284,030	21% below HPI
1996 31 MAY	£72,500	£80,232	10% below HPI

7 BROOM AVENUE 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 three 7 BROOM AVENUE sales between May 1996 and January 2020 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 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 BROOM AVENUE?

7 BROOM AVENUE is 79m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 7 BROOM AVENUE lies on this distribution: 12% of detached houses are smaller than 7 BROOM AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

7 BROOM AVENUE: Plot and Title Map

7 BROOM AVENUE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 7 BROOM AVENUE, 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 7 BROOM AVENUE). 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 7 BROOM AVENUE?

7 BROOM AVENUE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 7 on BROOM AVENUE.