7, RAVENSTHORPE DRIVE, LOUGHBOROUGH, LE11 4PU - £310,000

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 RAVENSTHORPE DRIVE is a midsized extended detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £366,134. It was last sold for £310,000 in July 2021, which was around 12% below the average July 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

7 RAVENSTHORPE DRIVE Sold Prices

Land registry data shows two sales for 7 RAVENSTHORPE DRIVE 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 7 RAVENSTHORPE DRIVE 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
2021 30 JUL	£310,000	£352,408	12% below HPI
2016 19 MAY	£260,000	£280,743	7% below HPI

7 RAVENSTHORPE 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 two 7 RAVENSTHORPE DRIVE sales from May 2016 and July 2021 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 May 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 RAVENSTHORPE DRIVE be worth now?

7 RAVENSTHORPE DRIVE might now be worth an estimated £366,134.

This is based on house price inflation of 18.1%, between July 2021 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 18.1% inflationary increase is applied to the most recent sale price for 7 RAVENSTHORPE DRIVE of £310,000 on 30th July 2021. For the value to have increased from £310,000 to £366,134 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 7 RAVENSTHORPE DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The July 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RAVENSTHORPE DRIVE has not materially changed since July 2021.

How Large is 7 RAVENSTHORPE DRIVE?

7 RAVENSTHORPE DRIVE is 119m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 50% 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 RAVENSTHORPE DRIVE lies on this distribution: 57% of detached houses houses are smaller than 7 RAVENSTHORPE DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

7 RAVENSTHORPE DRIVE: Plot and Title Map

7 RAVENSTHORPE DRIVE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 7 RAVENSTHORPE 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 7 RAVENSTHORPE 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 7 RAVENSTHORPE DRIVE?

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