16, WATTERSON CLOSE, MOUNTSORREL, LOUGHBOROUGH, LE12 7UB - £275,000

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 WATTERSON CLOSE is a small detached house of 90m², which could now be worth an estimated £321,612. It was last sold for £275,000 in September 2021, which was around 23% below the average September 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

16 WATTERSON CLOSE Sold Prices

Land registry data shows two sales for 16 WATTERSON 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 WATTERSON 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
2021 30 SEP	£275,000	£355,897	23% below HPI
2019 5 APR	£250,000	£314,201	20% below HPI

16 WATTERSON 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 WATTERSON CLOSE sales from April 2019 and September 2021 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 2019 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 16 WATTERSON CLOSE be worth now?

16 WATTERSON CLOSE might now be worth an estimated £321,612.

This is based on house price inflation of 16.9%, between September 2021 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 16.9% inflationary increase is applied to the most recent sale price for 16 WATTERSON CLOSE of £275,000 on 30th September 2021. For the value to have increased from £275,000 to £321,612 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 WATTERSON CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The September 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WATTERSON CLOSE has not materially changed since September 2021.

How Large is 16 WATTERSON CLOSE?

16 WATTERSON CLOSE is 90m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mountsorrel, and where 16 WATTERSON CLOSE lies on this distribution: 26% of detached houses houses are smaller than 16 WATTERSON CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

16 WATTERSON CLOSE: Plot and Title Map

16 WATTERSON CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 16 WATTERSON 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 WATTERSON 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 WATTERSON CLOSE?

16 WATTERSON CLOSE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 16 on WATTERSON CLOSE.