37, BUTTERLEY DRIVE, LOUGHBOROUGH, LE11 4PX - £172,000

37 BUTTERLEY DRIVE is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £172,000 in July 2016, which was around 40% below the average July 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

37 BUTTERLEY DRIVE Sold Prices

Land registry data shows three sales for 37 BUTTERLEY 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 37 BUTTERLEY 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
2016 8 JUL	£172,000	£287,063	40% below HPI
2005 3 JUN	£159,000	£229,063	31% below HPI
1999 30 JUL	£65,750	£101,670	35% below HPI

37 BUTTERLEY 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 37 BUTTERLEY DRIVE sales between July 1999 and July 2016 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 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 37 BUTTERLEY DRIVE?

37 BUTTERLEY DRIVE is 74m² according to the EPC inspection conducted in May 2012. 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 37 BUTTERLEY DRIVE lies on this distribution: 8% of detached houses are smaller than 37 BUTTERLEY DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

37 BUTTERLEY DRIVE: Plot and Title Map

37 BUTTERLEY DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 37 BUTTERLEY 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 37 BUTTERLEY 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 37 BUTTERLEY DRIVE?

37 BUTTERLEY DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 37 on BUTTERLEY DRIVE.