16, RALPH CLOSE, LOUGHBOROUGH, LE11 3GG - £390,000

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

16 RALPH CLOSE is a large detached house of 146m², built sometime between 1996 and 2002, which could now be worth an estimated £530,136. It was last sold for £390,000 in November 2017, which was around 29% above the average November 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

16 RALPH CLOSE Sold Prices

Land registry data shows two sales for 16 RALPH 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 16 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
2017 20 NOV	£390,000	£303,132	29% above HPI
1999 28 MAY	£176,650	£98,113	80% above HPI

16 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 two 16 RALPH CLOSE sales from May 1999 and November 2017 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 May 1999 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the November 2017 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 16 RALPH CLOSE be worth now?

16 RALPH CLOSE might now be worth an estimated £530,136.

This is based on house price inflation of 35.9%, between November 2017 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 35.9% inflationary increase is applied to the most recent sale price for 16 RALPH CLOSE of £390,000 on 20th November 2017. For the value to have increased from £390,000 to £530,136 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 16 RALPH CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2017 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RALPH CLOSE has not materially changed since November 2017.

How Large is 16 RALPH CLOSE?

16 RALPH CLOSE is 146m² according to the EPC inspection conducted in October 2016. This puts it in the largest 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 RALPH CLOSE lies on this distribution: 79% of detached houses houses are smaller than 16 RALPH CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

16 RALPH CLOSE: Plot and Title Map

16 RALPH CLOSE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 16 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 16 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 16 RALPH CLOSE?

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