8, BROOM AVENUE, LOUGHBOROUGH, LE11 2QU - £310,000

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 BROOM AVENUE is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £310,000 in December 2023, which was around 24% below the average December 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

8 BROOM AVENUE Sold Prices

Land registry data shows five sales for 8 BROOM AVENUE 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 BROOM AVENUE 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 7 DEC	£310,000	£406,885	24% below HPI
2022 30 NOV	£330,000	£422,757	22% below HPI
2014 24 JUL	£195,000	£257,160	24% below HPI
2003 28 MAR	£160,000	£186,103	14% below HPI
1996 31 JUL	£73,950	£81,134	9% below HPI

8 BROOM AVENUE 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 BROOM AVENUE sales between July 1996 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 November 2022 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 8 BROOM AVENUE?

8 BROOM AVENUE is 78m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% 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 BROOM AVENUE lies on this distribution: 11% of detached houses are smaller than 8 BROOM AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 BROOM AVENUE: Plot and Title Map

8 BROOM AVENUE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 8 BROOM AVENUE, 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 BROOM AVENUE). 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 BROOM AVENUE?

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