7, HERRICK ROAD, LOUGHBOROUGH, LE11 2BP - £455,000

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.

7 HERRICK ROAD is a very large detached house of 157m², which could now be worth an estimated £597,987. It was last sold for £455,000 in April 2018, which was around 44% above the average April 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

7 HERRICK ROAD Sold Prices

Land registry data shows two sales for 7 HERRICK ROAD 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. One of the two 7 HERRICK ROAD sales was for above the average price, whilst the other was 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
2018 16 APR	£455,000	£316,697	44% above HPI
2006 10 MAR	£50,000	£227,063	78% below HPI

7 HERRICK ROAD 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 7 HERRICK ROAD sales from March 2006 and April 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 March 2006 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the April 2018 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 7 HERRICK ROAD be worth now?

7 HERRICK ROAD might now be worth an estimated £597,987.

This is based on house price inflation of 31.4%, between April 2018 and February 2025, for 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 31.4% inflationary increase is applied to the most recent sale price for 7 HERRICK ROAD of £455,000 on 16th April 2018. For the value to have increased from £455,000 to £597,987 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 7 HERRICK ROAD has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The April 2018 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HERRICK ROAD has not materially changed since April 2018.

How Large is 7 HERRICK ROAD?

7 HERRICK ROAD is 157m² according to the EPC inspection conducted in July 2011. This puts it in the largest 20% of detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughborough, and where 7 HERRICK ROAD lies on this distribution: 85% of detached houses houses are smaller than 7 HERRICK ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

7 HERRICK ROAD: Plot and Title Map

7 HERRICK ROAD sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 7 HERRICK ROAD, 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 HERRICK ROAD). 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 HERRICK ROAD?

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