8, BUTTERLEY DRIVE, LOUGHBOROUGH, LE11 4PX - £235,000

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.

8 BUTTERLEY DRIVE is a large detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £348,314. It was last sold for £235,000 in December 2015, which was around 16% below the average December 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

8 BUTTERLEY DRIVE Sold Prices

Land registry data shows three sales for 8 BUTTERLEY DRIVE 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. All of the three 8 BUTTERLEY 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
2015 4 DEC	£235,000	£280,815	16% below HPI
2010 2 AUG	£210,000	£242,458	13% below HPI
1999 3 DEC	£97,500	£107,049	9% below HPI

8 BUTTERLEY 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 three 8 BUTTERLEY DRIVE sales between December 1999 and December 2015 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 August 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 BUTTERLEY DRIVE be worth now?

8 BUTTERLEY DRIVE might now be worth an estimated £348,314.

This is based on house price inflation of 48.2%, between December 2015 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 48.2% inflationary increase is applied to the most recent sale price for 8 BUTTERLEY DRIVE of £235,000 on 4th December 2015. For the value to have increased from £235,000 to £348,314 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 BUTTERLEY DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The December 2015 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BUTTERLEY DRIVE has not materially changed since December 2015.

How Large is 8 BUTTERLEY DRIVE?

8 BUTTERLEY DRIVE is 133m² according to the EPC inspection conducted in August 2016. This puts it in the largest 30% 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 8 BUTTERLEY DRIVE lies on this distribution: 71% of detached houses houses are smaller than 8 BUTTERLEY DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 BUTTERLEY DRIVE: Plot and Title Map

8 BUTTERLEY DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 8 BUTTERLEY 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 8 BUTTERLEY 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 8 BUTTERLEY DRIVE?

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