2, LEA DRIVE, LOUGHBOROUGH, LE11 2GY - £220,000

2 LEA DRIVE is a midsized detached house of 114m², built sometime between 2003 and 2006. It was last sold for £220,000 in September 2015, which was around 20% below the average September 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

2 LEA DRIVE Sold Prices

Land registry data shows three sales for 2 LEA 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 2 LEA 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
2015 25 SEP	£220,000	£276,389	20% below HPI
2011 16 JUN	£195,000	£242,225	19% below HPI
2005 3 JUN	£220,000	£229,063	4% below HPI

2 LEA 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 2 LEA DRIVE sales between June 2005 and September 2015 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 June 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 LEA DRIVE?

2 LEA DRIVE is 114m² according to the EPC inspection conducted in April 2011. 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 2 LEA DRIVE lies on this distribution: 51% of detached houses are smaller than 2 LEA DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

2 LEA DRIVE: Plot and Title Map

2 LEA DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 2 LEA 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 2 LEA 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 2 LEA DRIVE?

2 LEA DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 2 on LEA DRIVE.