8, SHARTER DRIVE, LOUGHBOROUGH, LE11 5ET - £285,000

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 SHARTER DRIVE is a midsized detached house of 117m², built sometime from 2007 onwards. It was last sold for £285,000 in June 2020, which was around 15% below the average June 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

8 SHARTER DRIVE Sold Prices

Land registry data shows two sales for 8 SHARTER DRIVE 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 SHARTER DRIVE sales were for below 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
2020 5 JUN	£285,000	£334,262	15% below HPI
2007 24 AUG	£249,995	£260,416	4% below HPI

8 SHARTER DRIVE 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 SHARTER DRIVE sales from August 2007 and June 2020 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 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 SHARTER DRIVE?

8 SHARTER DRIVE is 117m² according to the EPC inspection conducted in August 2018. This puts it in the largest 50% 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 SHARTER DRIVE lies on this distribution: 55% of detached houses are smaller than 8 SHARTER DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 SHARTER DRIVE: Plot and Title Map

8 SHARTER DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 8 SHARTER 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 SHARTER 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 SHARTER DRIVE?

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