16, QUORN CLOSE, LOUGHBOROUGH, LE11 2AW - £171,000

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.

16 QUORN CLOSE is a very small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £300,726. It was last sold for £171,000 in November 2012, which was around 28% below the average November 2012 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

16 QUORN CLOSE Sold Prices

Land registry data shows three sales for 16 QUORN 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 16 QUORN 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
2012 26 NOV	£171,000	£236,261	28% below HPI
2002 29 NOV	£124,950	£173,891	28% below HPI
1997 5 NOV	£69,500	£90,685	23% below HPI

16 QUORN 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 16 QUORN CLOSE sales between November 1997 and November 2012 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 November 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2012 sale, which was also at 28% below the HPI.

What might 16 QUORN CLOSE be worth now?

16 QUORN CLOSE might now be worth an estimated £300,726.

This is based on house price inflation of 75.9%, between November 2012 and March 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 75.9% inflationary increase is applied to the most recent sale price for 16 QUORN CLOSE of £171,000 on 26th November 2012. For the value to have increased from £171,000 to £300,726 over the thirteen years and eight months to March 2025, the following assumptions must hold true:

• The value of 16 QUORN CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2012 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 16 QUORN CLOSE has not materially changed since November 2012.

How Large is 16 QUORN CLOSE?

16 QUORN CLOSE is 83m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% 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 16 QUORN CLOSE lies on this distribution: 17% of detached houses houses are smaller than 16 QUORN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

16 QUORN CLOSE: Plot and Title Map

16 QUORN CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 16 QUORN 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 16 QUORN 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 16 QUORN CLOSE?

16 QUORN CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 16 on QUORN CLOSE.