83, LOWESWATER DRIVE, LOUGHBOROUGH, LE11 3RR - £195,000

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

83 LOWESWATER DRIVE is a small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £195,000 in August 2014, which was around 25% below the average August 2014 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

83 LOWESWATER DRIVE Sold Prices

Land registry data shows two sales for 83 LOWESWATER 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 83 LOWESWATER 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
2014 14 AUG	£195,000	£260,397	25% below HPI
2005 30 SEP	£177,500	£234,934	24% below HPI

83 LOWESWATER 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 83 LOWESWATER DRIVE sales from September 2005 and August 2014 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 September 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 83 LOWESWATER DRIVE?

83 LOWESWATER DRIVE is 92m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 83 LOWESWATER DRIVE lies on this distribution: 27% of detached houses are smaller than 83 LOWESWATER DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

83 LOWESWATER DRIVE: Plot and Title Map

83 LOWESWATER DRIVE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 83 LOWESWATER 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 83 LOWESWATER 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 83 LOWESWATER DRIVE?

83 LOWESWATER DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 83 on LOWESWATER DRIVE.