8, FAIRMOUNT DRIVE, LOUGHBOROUGH, LE11 3JR - £385,000

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 FAIRMOUNT DRIVE is a large extended semi-detached house of 147m², built sometime between 1930 and 1949, which could now be worth an estimated £522,544. It was last sold for £385,000 in April 2019, which was around 99% above the average April 2019 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

8 FAIRMOUNT DRIVE Sold Prices

Land registry data shows three sales for 8 FAIRMOUNT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. All of the three 8 FAIRMOUNT DRIVE 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
2019 18 APR	£385,000	£193,348	99% above HPI
2010 15 DEC	£305,000	£148,548	105% above HPI
2005 22 JUL	£190,000	£145,615	30% above HPI

8 FAIRMOUNT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 8 FAIRMOUNT DRIVE sales between July 2005 and April 2019 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 2010 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the April 2019 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 8 FAIRMOUNT DRIVE be worth now?

8 FAIRMOUNT DRIVE might now be worth an estimated £522,544.

This is based on house price inflation of 35.7%, between April 2019 and February 2025, for semi-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 35.7% inflationary increase is applied to the most recent sale price for 8 FAIRMOUNT DRIVE of £385,000 on 18th April 2019. For the value to have increased from £385,000 to £522,544 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 8 FAIRMOUNT DRIVE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The April 2019 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FAIRMOUNT DRIVE has not materially changed since April 2019.

How Large is 8 FAIRMOUNT DRIVE?

8 FAIRMOUNT DRIVE is 147m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 30% of semi-detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Loughborough, and where 8 FAIRMOUNT DRIVE lies on this distribution: 80% of semi-detached houses houses are smaller than 8 FAIRMOUNT DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 FAIRMOUNT DRIVE: Plot and Title Map

8 FAIRMOUNT DRIVE sits on a plot of roughly 0.227 of an acre, or 917m². The below map shows the location of 8 FAIRMOUNT 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 FAIRMOUNT 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 FAIRMOUNT DRIVE?

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