12, CHERRY CLOSE, LOUGHBOROUGH, LE11 2QR - £450,000

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.

12 CHERRY CLOSE is a large extended detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £480,355. It was last sold for £450,000 in February 2024, which was around 15% above the average February 2024 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 three sales for 12 CHERRY 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 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
2024 12 FEB	£450,000	£389,919	15% above HPI
2003 29 OCT	£249,000	£211,578	18% above HPI
1996 15 APR	£107,000	£78,893	36% 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 three 12 CHERRY CLOSE sales between April 1996 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 October 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2024 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 12 CHERRY CLOSE be worth now?

12 CHERRY CLOSE might now be worth an estimated £480,355.

This is based on house price inflation of 6.7%, between February 2024 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 6.7% inflationary increase is applied to the most recent sale price for 12 CHERRY CLOSE of £450,000 on 12th February 2024. For the value to have increased from £450,000 to £480,355 over the one year to February 2025, the following assumptions must hold true:

• The value of 12 CHERRY CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The February 2024 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CHERRY CLOSE has not materially changed since February 2024.

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 houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughborough, and where 12 CHERRY CLOSE lies on this distribution: 79% of detached houses 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.