4, NEWBON CLOSE, LOUGHBOROUGH, LE11 4WJ - £161,000

4 NEWBON CLOSE is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £161,000 in February 2017, which was around 45% below the average February 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

4 NEWBON CLOSE Sold Prices

Land registry data shows two sales for 4 NEWBON CLOSE 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 4 NEWBON CLOSE 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
2017 24 FEB	£161,000	£291,973	45% below HPI
2004 28 MAY	£125,000	£215,130	42% below HPI

4 NEWBON CLOSE 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 4 NEWBON CLOSE sales from May 2004 and February 2017 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 May 2004 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2017 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 4 NEWBON CLOSE?

4 NEWBON CLOSE is 81m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 4 NEWBON CLOSE lies on this distribution: 13% of detached houses are smaller than 4 NEWBON CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

4 NEWBON CLOSE: Plot and Title Map

4 NEWBON CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 4 NEWBON CLOSE, 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 4 NEWBON CLOSE). 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 4 NEWBON CLOSE?

4 NEWBON CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 4 on NEWBON CLOSE.