112, PARKLANDS DRIVE, LOUGHBOROUGH, LE11 2TD - £278,000

112 PARKLANDS DRIVE is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £278,000 in February 2023, which was around 36% below the average February 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

112 PARKLANDS DRIVE Sold Prices

Land registry data shows three sales for 112 PARKLANDS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 112 PARKLANDS 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
2023 22 FEB	£278,000	£436,808	36% below HPI
2019 17 JUL	£172,000	£329,756	48% below HPI
2013 12 JUL	£130,000	£242,784	46% below HPI

112 PARKLANDS 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 three 112 PARKLANDS DRIVE sales between July 2013 and February 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 July 2019 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2023 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 112 PARKLANDS DRIVE?

112 PARKLANDS DRIVE is 70m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 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 112 PARKLANDS DRIVE lies on this distribution: 6% of detached houses are smaller than 112 PARKLANDS DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

112 PARKLANDS DRIVE: Plot and Title Map

112 PARKLANDS DRIVE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 112 PARKLANDS 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 112 PARKLANDS 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 112 PARKLANDS DRIVE?

112 PARKLANDS DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 112 on PARKLANDS DRIVE.