1, PADDOCK CLOSE, QUORN, LOUGHBOROUGH, LE12 8BJ - £397,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 PADDOCK CLOSE is a large extended detached house of 170m², built sometime between 1967 and 1975, which could now be worth an estimated £658,352. It was last sold for £397,500 in June 2014, which was around 58% above the average June 2014 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

1 PADDOCK CLOSE Sold Prices

Land registry data shows three sales for 1 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 1 PADDOCK 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
2014 25 JUN	£397,500	£251,306	58% above HPI
2005 16 DEC	£394,500	£233,283	69% above HPI
2001 16 NOV	£199,950	£135,058	48% above HPI

1 PADDOCK 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 three 1 PADDOCK CLOSE sales between November 2001 and June 2014 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 December 2005 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the June 2014 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 1 PADDOCK CLOSE be worth now?

1 PADDOCK CLOSE might now be worth an estimated £658,352.

This is based on house price inflation of 65.6%, between June 2014 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 65.6% inflationary increase is applied to the most recent sale price for 1 PADDOCK CLOSE of £397,500 on 25th June 2014. For the value to have increased from £397,500 to £658,352 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 1 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 2014 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PADDOCK CLOSE has not materially changed since June 2014.

How Large is 1 PADDOCK CLOSE?

1 PADDOCK CLOSE is 170m², which includes three extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses houses in Quorn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Quorn, and where 1 PADDOCK CLOSE lies on this distribution: 72% of detached houses houses are smaller than 1 PADDOCK CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Quorn.

1 PADDOCK CLOSE: Plot and Title Map

1 PADDOCK CLOSE sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 1 PADDOCK 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 PADDOCK 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 PADDOCK CLOSE?

1 PADDOCK CLOSE is located in QUORN, in the LE12 postcode district. The below map shows the position of No. 1 on PADDOCK CLOSE.