38, FAIRMOUNT DRIVE, LOUGHBOROUGH, LE11 3JR - £550,000

38 FAIRMOUNT DRIVE is a large extended detached house of 127m², built sometime between 1900 and 1929. It was last sold for £550,000 in July 2018, which was around 71% above the average July 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

38 FAIRMOUNT DRIVE Sold Prices

Land registry data shows two sales for 38 FAIRMOUNT 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 38 FAIRMOUNT DRIVE sales were for above 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
2018 6 JUL	£550,000	£320,911	71% above HPI
2006 27 NOV	£430,050	£245,305	75% above HPI

38 FAIRMOUNT 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 38 FAIRMOUNT DRIVE sales from November 2006 and July 2018 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 November 2006 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the July 2018 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 38 FAIRMOUNT DRIVE?

38 FAIRMOUNT DRIVE is 127m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 40% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 38 FAIRMOUNT DRIVE lies on this distribution: 67% of detached houses are smaller than 38 FAIRMOUNT DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

38 FAIRMOUNT DRIVE: Plot and Title Map

38 FAIRMOUNT DRIVE sits on a plot of roughly 0.323 of an acre, or 1,308m². The below map shows the location of 38 FAIRMOUNT 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 38 FAIRMOUNT 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 38 FAIRMOUNT DRIVE?

38 FAIRMOUNT DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 38 on FAIRMOUNT DRIVE.