8, FAIRMEADOWS WAY, LOUGHBOROUGH, LE11 2QT - £422,000

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

8 FAIRMEADOWS WAY is a very large extended detached house of 160m², built sometime between 1991 and 1995. It was last sold for £422,000 in November 2018, which was around 28% above the average November 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

8 FAIRMEADOWS WAY Sold Prices

Land registry data shows three sales for 8 FAIRMEADOWS 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. All of the three 8 FAIRMEADOWS WAY 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
2018 16 NOV	£422,000	£329,225	28% above HPI
2015 25 NOV	£360,000	£279,762	29% above HPI
1995 14 SEP	£138,900	£82,000	69% above HPI

8 FAIRMEADOWS 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 8 FAIRMEADOWS WAY sales between September 1995 and November 2018 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 2015 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2018 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 8 FAIRMEADOWS WAY?

8 FAIRMEADOWS WAY is 160m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 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 FAIRMEADOWS WAY lies on this distribution: 86% of detached houses are smaller than 8 FAIRMEADOWS WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 FAIRMEADOWS WAY: Plot and Title Map

8 FAIRMEADOWS WAY sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 8 FAIRMEADOWS 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 8 FAIRMEADOWS 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 8 FAIRMEADOWS WAY?

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