56, FARNDALE DRIVE, LOUGHBOROUGH, LE11 2RQ - £175,000

56 FARNDALE DRIVE is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £175,000 in November 2013, which was around 30% below the average November 2013 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

56 FARNDALE DRIVE Sold Prices

Land registry data shows two sales for 56 FARNDALE 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 56 FARNDALE 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
2013 29 NOV	£175,000	£249,081	30% below HPI
1996 8 NOV	£68,000	£85,426	20% below HPI

56 FARNDALE 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 56 FARNDALE DRIVE sales from November 1996 and November 2013 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 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 56 FARNDALE DRIVE?

56 FARNDALE DRIVE is 81m² according to the EPC inspection conducted in May 2013. 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 56 FARNDALE DRIVE lies on this distribution: 14% of detached houses are smaller than 56 FARNDALE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

56 FARNDALE DRIVE: Plot and Title Map

56 FARNDALE DRIVE sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of 56 FARNDALE 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 56 FARNDALE 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 56 FARNDALE DRIVE?

56 FARNDALE DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 56 on FARNDALE DRIVE.