8, NICOLSON ROAD, LOUGHBOROUGH, LE11 3SD - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 NICOLSON ROAD is a large extended detached house of 146m², built sometime between 1976 and 1982. It was last sold for £450,000 in March 2023, which was around 8% above the average March 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

8 NICOLSON ROAD Sold Prices

Land registry data shows two sales for 8 NICOLSON ROAD 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 NICOLSON ROAD 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
2023 31 MAR	£450,000	£416,642	8% above HPI
2015 12 NOV	£350,000	£279,762	25% above HPI

8 NICOLSON ROAD 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 NICOLSON ROAD sales from November 2015 and March 2023 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 8 NICOLSON ROAD?

8 NICOLSON ROAD is 146m², which includes four extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% 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 NICOLSON ROAD lies on this distribution: 79% of detached houses are smaller than 8 NICOLSON ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 NICOLSON ROAD: Plot and Title Map

8 NICOLSON ROAD sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 8 NICOLSON ROAD, 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 NICOLSON ROAD). 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 NICOLSON ROAD?

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