12, CHERRY CLOSE, LOUGHBOROUGH, LE11 2QR - £249,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 CHERRY CLOSE is a large extended detached house of 145m², built sometime between 1996 and 2002. It was last sold for £249,000 in October 2003, which was around 16% above the average October 2003 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

12 CHERRY CLOSE Sold Prices

Land registry data shows two sales for 12 CHERRY 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 12 CHERRY 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
2003 29 OCT	£249,000	£214,475	16% above HPI
1996 15 APR	£107,000	£79,973	34% above HPI

12 CHERRY 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 12 CHERRY CLOSE sales from April 1996 and October 2003 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 April 1996 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2003 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 12 CHERRY CLOSE?

12 CHERRY CLOSE is 145m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 12 CHERRY CLOSE lies on this distribution: 79% of detached houses are smaller than 12 CHERRY CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

12 CHERRY CLOSE: Plot and Title Map

12 CHERRY CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 12 CHERRY 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 12 CHERRY 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 12 CHERRY CLOSE?

12 CHERRY CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 12 on CHERRY CLOSE.