1, MIMOSA CLOSE, LOUGHBOROUGH, LE11 2DJ - £650,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MIMOSA CLOSE is a very large extended detached house of 183m², built sometime between 1991 and 1995, which could now be worth an estimated £663,992. It was last sold for £650,000 in September 2022, which was around 60% above the average September 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

1 MIMOSA CLOSE Sold Prices

Land registry data shows two sales for 1 MIMOSA 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 1 MIMOSA CLOSE 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
2022 26 SEP	£650,000	£407,450	60% above HPI
1997 2 OCT	£160,950	£90,510	78% above HPI

1 MIMOSA 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 1 MIMOSA CLOSE sales from October 1997 and September 2022 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 October 1997 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the September 2022 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 1 MIMOSA CLOSE be worth now?

1 MIMOSA CLOSE might now be worth an estimated £663,992.

This is based on house price inflation of 2.2%, between September 2022 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.2% inflationary increase is applied to the most recent sale price for 1 MIMOSA CLOSE of £650,000 on 26th September 2022. For the value to have increased from £650,000 to £663,992 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 MIMOSA CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The September 2022 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MIMOSA CLOSE has not materially changed since September 2022.

How Large is 1 MIMOSA CLOSE?

1 MIMOSA CLOSE is 183m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughborough, and where 1 MIMOSA CLOSE lies on this distribution: 92% of detached houses houses are smaller than 1 MIMOSA CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

1 MIMOSA CLOSE: Plot and Title Map

1 MIMOSA CLOSE sits on a plot of roughly 0.212 of an acre, or 859m². The below map shows the location of 1 MIMOSA 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 1 MIMOSA 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 1 MIMOSA CLOSE?

1 MIMOSA CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 1 on MIMOSA CLOSE.