18, HOLMESTEAD CLOSE, COSTOCK, LOUGHBOROUGH, LE12 6XP - £299,500

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.

18 HOLMESTEAD CLOSE is a large detached house of 161m², built sometime from 2007 onwards, which could now be worth an estimated £508,231. It was last sold for £299,500 in August 2014, which was around 2% above the average August 2014 detached price in the Rushcliffe local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

18 HOLMESTEAD CLOSE Sold Prices

Land registry data shows two sales for 18 HOLMESTEAD 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 18 HOLMESTEAD 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
2014 4 AUG	£299,500	£294,791	2% above HPI
2009 11 DEC	£290,000	£265,567	9% above HPI

18 HOLMESTEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 18 HOLMESTEAD CLOSE sales from December 2009 and August 2014 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 December 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2014 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 18 HOLMESTEAD CLOSE be worth now?

18 HOLMESTEAD CLOSE might now be worth an estimated £508,231.

This is based on house price inflation of 69.7%, between August 2014 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.7% inflationary increase is applied to the most recent sale price for 18 HOLMESTEAD CLOSE of £299,500 on 4th August 2014. For the value to have increased from £299,500 to £508,231 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 18 HOLMESTEAD CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The August 2014 sale price of £299,500 represented a fair market value for the property.
• The size, condition, and specification of 18 HOLMESTEAD CLOSE has not materially changed since August 2014.

How Large is 18 HOLMESTEAD CLOSE?

18 HOLMESTEAD CLOSE is 161m² according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses houses in Costock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Costock, and where 18 HOLMESTEAD CLOSE lies on this distribution: 62% of detached houses houses are smaller than 18 HOLMESTEAD CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Costock.

18 HOLMESTEAD CLOSE: Plot and Title Map

18 HOLMESTEAD CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 18 HOLMESTEAD 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 18 HOLMESTEAD 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 18 HOLMESTEAD CLOSE?

18 HOLMESTEAD CLOSE is located in COSTOCK, in the LE12 postcode district. The below map shows the position of No. 18 on HOLMESTEAD CLOSE.