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
8 ALBERT PLACE is a very large extended detached house of 332m², built sometime before 1900. It was last sold for £664,000 in December 2023, which was around 63% above the average December 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 8 ALBERT PLACE since 1st 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 8 ALBERT PLACE sales 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 |
---|---|---|---|
2023 21 DEC | £664,000 | £406,885 | 63% above HPI |
2020 3 DEC | £565,000 | £362,628 | 56% above HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 8 ALBERT PLACE sales from December 2020 and December 2023 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 December 2020 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the December 2023 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.
8 ALBERT PLACE is 332m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 8 ALBERT PLACE lies on this distribution: More than 99% of detached houses are smaller than 8 ALBERT PLACE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Loughborough.
8 ALBERT PLACE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 8 ALBERT PLACE, 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 8 ALBERT PLACE). 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.
8 ALBERT PLACE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 8 on ALBERT PLACE.