8, NEWSTEAD WAY, LOUGHBOROUGH, LE11 2UA - £352,500

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 NEWSTEAD WAY is a very large detached house of 176m², built sometime between 1991 and 1995. It was last sold for £352,500 in March 2016, which was around 24% above the average March 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

8 NEWSTEAD WAY Sold Prices

Land registry data shows two sales for 8 NEWSTEAD WAY 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 NEWSTEAD 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
2016 31 MAR	£352,500	£284,030	24% above HPI
2004 17 DEC	£320,000	£234,322	37% above HPI

8 NEWSTEAD 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 two 8 NEWSTEAD WAY sales from December 2004 and March 2016 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 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2016 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 8 NEWSTEAD WAY?

8 NEWSTEAD WAY is 176m² according to the EPC inspection conducted in October 2016. This puts it in the largest 10% 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 NEWSTEAD WAY lies on this distribution: 91% of detached houses are smaller than 8 NEWSTEAD WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 NEWSTEAD WAY: Plot and Title Map

8 NEWSTEAD WAY sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 8 NEWSTEAD 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 NEWSTEAD 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 NEWSTEAD WAY?

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