71, NEWSTEAD WAY, LOUGHBOROUGH, LE11 2UA - £239,000

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

71 NEWSTEAD WAY is a midsized detached house of 116m², built sometime between 2003 and 2006. It was last sold for £239,000 in May 2011, which was around 2% below the average May 2011 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

71 NEWSTEAD WAY Sold Prices

Land registry data shows three sales for 71 NEWSTEAD WAY 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. One of the three 71 NEWSTEAD WAY sales was for below the average price, whilst two 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
2011 26 MAY	£239,000	£244,965	2% below HPI
2005 18 NOV	£247,000	£234,580	5% above HPI
2004 4 JUN	£245,950	£221,322	11% above HPI

71 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 three 71 NEWSTEAD WAY sales between June 2004 and May 2011 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 November 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2011 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 71 NEWSTEAD WAY?

71 NEWSTEAD WAY is 116m² according to the EPC inspection conducted in January 2011. This puts it in the largest 50% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 71 NEWSTEAD WAY lies on this distribution: 55% of detached houses are smaller than 71 NEWSTEAD WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

71 NEWSTEAD WAY: Plot and Title Map

71 NEWSTEAD WAY sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 71 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 71 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 71 NEWSTEAD WAY?

71 NEWSTEAD WAY is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 71 on NEWSTEAD WAY.