8, LAVENDER CLOSE, LOUGHBOROUGH, LE11 2SG - £340,000

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 LAVENDER CLOSE is a large detached house of 129m², built sometime between 1996 and 2002. It was last sold for £340,000 in May 2015, which was around 26% above the average May 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

8 LAVENDER CLOSE Sold Prices

Land registry data shows two sales for 8 LAVENDER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 8 LAVENDER CLOSE 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
2015 1 MAY	£340,000	£269,560	26% above HPI
1997 28 AUG	£119,950	£90,288	33% above HPI

8 LAVENDER 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 two 8 LAVENDER CLOSE sales from August 1997 and May 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 1997 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2015 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 8 LAVENDER CLOSE?

8 LAVENDER CLOSE is 129m² according to the EPC inspection conducted in August 2014. This puts it in the largest 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 LAVENDER CLOSE lies on this distribution: 68% of detached houses are smaller than 8 LAVENDER CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 LAVENDER CLOSE: Plot and Title Map

8 LAVENDER CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 8 LAVENDER 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 LAVENDER 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 LAVENDER CLOSE?

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