15, ACER CLOSE, LOUGHBOROUGH, LE11 2JZ - £119,000

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.

15 ACER CLOSE is a very small detached house of 50m², built sometime between 1991 and 1995, which could now be worth an estimated £204,179. It was last sold for £119,000 in August 2013, which was around 51% below the average August 2013 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

15 ACER CLOSE Sold Prices

Land registry data shows four sales for 15 ACER 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 15 ACER CLOSE sales were for below 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
2013 12 AUG	£119,000	£242,583	51% below HPI
2003 1 AUG	£96,000	£202,144	53% below HPI
2002 5 APR	£77,000	£144,244	47% below HPI
1999 1 APR	£45,800	£95,824	52% below HPI

15 ACER 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 15 ACER CLOSE sales between April 1999 and August 2013 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 August 2003 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the August 2013 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 15 ACER CLOSE be worth now?

15 ACER CLOSE might now be worth an estimated £204,179.

This is based on house price inflation of 71.6%, between August 2013 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 71.6% inflationary increase is applied to the most recent sale price for 15 ACER CLOSE of £119,000 on 12th August 2013. For the value to have increased from £119,000 to £204,179 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 15 ACER CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 2013 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ACER CLOSE has not materially changed since August 2013.

How Large is 15 ACER CLOSE?

15 ACER CLOSE is 50m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 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 15 ACER CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 15 ACER CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

15 ACER CLOSE: Plot and Title Map

15 ACER CLOSE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 15 ACER 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 15 ACER 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 15 ACER CLOSE?

15 ACER CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 15 on ACER CLOSE.