8, BIRCH CLOSE, LOUGHBOROUGH, LE11 2TF - £358,000

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

8 BIRCH CLOSE is a small extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £358,000 in August 2023, which was around 15% below the average August 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

8 BIRCH CLOSE Sold Prices

Land registry data shows five sales for 8 BIRCH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the five 8 BIRCH CLOSE 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
2023 25 AUG	£358,000	£421,593	15% below HPI
2006 2 MAY	£227,000	£228,450	1% below HPI
2006 7 APR	£225,000	£228,536	2% below HPI
2004 6 FEB	£204,000	£213,371	4% below HPI
1998 24 SEP	£94,950	£95,588	1% below HPI

8 BIRCH CLOSE 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 five 8 BIRCH CLOSE sales between September 1998 and August 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 May 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 BIRCH CLOSE?

8 BIRCH CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% 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 BIRCH CLOSE lies on this distribution: 37% of detached houses are smaller than 8 BIRCH CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 BIRCH CLOSE: Plot and Title Map

8 BIRCH CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 8 BIRCH CLOSE, 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 BIRCH CLOSE). 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 8 BIRCH CLOSE?

8 BIRCH CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 8 on BIRCH CLOSE.