1, RALPH CLOSE, LOUGHBOROUGH, LE11 3GG - £579,000

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 RALPH CLOSE is a very large extended detached house of 215m², built sometime between 1996 and 2002, which could now be worth an estimated £611,387. It was last sold for £579,000 in February 2024, which was around 48% above the average February 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

1 RALPH CLOSE Sold Prices

Land registry data shows four sales for 1 RALPH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 1 RALPH 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
2024 15 FEB	£579,000	£390,226	48% above HPI
2017 20 DEC	£450,000	£303,540	48% above HPI
2005 15 APR	£295,000	£223,040	32% above HPI
1999 17 SEP	£152,000	£102,636	48% above HPI

1 RALPH 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 four 1 RALPH CLOSE sales between September 1999 and February 2024 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 2017 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the February 2024 sale, which was also at 48% above the HPI.

What might 1 RALPH CLOSE be worth now?

1 RALPH CLOSE might now be worth an estimated £611,387.

This is based on house price inflation of 5.6%, between February 2024 and December 2024, 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 5.6% inflationary increase is applied to the most recent sale price for 1 RALPH CLOSE of £579,000 on 15th February 2024. For the value to have increased from £579,000 to £611,387 over the two months to December 2024, the following assumptions must hold true:

• The value of 1 RALPH CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The February 2024 sale price of £579,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RALPH CLOSE has not materially changed since February 2024.

How Large is 1 RALPH CLOSE?

1 RALPH CLOSE is 215m², which includes two extensions, according to the EPC inspection conducted in June 2017. 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 RALPH CLOSE lies on this distribution: 97% of detached houses houses are smaller than 1 RALPH CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

1 RALPH CLOSE: Plot and Title Map

1 RALPH CLOSE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 1 RALPH 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 RALPH 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 RALPH CLOSE?

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