This street is probably named from a group of houses called Loughview Villas, which is recorded as being on the right side of Shore Road in the 1894 edition of the Belfast and Province of Ulster Directory. These houses were in turn named on account of the view of Belfast Lough from this position. Nowadays this view is somewhat obscured by the buildings in the docks area. The 3rd edition six-inch-to-the-mile Ordnance Survey map made in 1900 shows clay pits where Loughview Terrace is today, and also on the opposite side of Skegoneill Avenue. It seems that these were used to provide raw material for the Skegoneill Brick Works, located a little further up Skegoneill Avenue.
Note that, historically, there have been numerous addresses in different parts of the city with Lough View / Loughview in the name. As of 2024 there is Loughview Drive beside the Outer Ring in BT6 and a whole cluster of new streets in Ballysillan, BT14.
"Resolved - That the following names for new streets be approved: ...Loughview Terrace for a new street on the property of Mr. William Patterson off Northwood Parade, Shore Road" (Town Improvements Committee, 25th August 1936).