2, BELVOIR CLOSE, MOUNTSORREL, LOUGHBOROUGH, LE12 7BL - £268,450

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.

2 BELVOIR CLOSE is a very small detached house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £349,595. It was last sold for £268,450 in October 2018, which was around 16% below the average October 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

2 BELVOIR CLOSE Sold Prices

Land registry data shows two sales for 2 BELVOIR 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 2 BELVOIR 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
2018 24 OCT	£268,450	£319,055	16% below HPI
2006 13 JUN	£214,950	£228,918	6% below HPI

2 BELVOIR 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 2 BELVOIR CLOSE sales from June 2006 and October 2018 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 June 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 BELVOIR CLOSE be worth now?

2 BELVOIR CLOSE might now be worth an estimated £349,595.

This is based on house price inflation of 30.2%, between October 2018 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 30.2% inflationary increase is applied to the most recent sale price for 2 BELVOIR CLOSE of £268,450 on 24th October 2018. For the value to have increased from £268,450 to £349,595 over the seven years and seven months to March 2025, the following assumptions must hold true:

• The value of 2 BELVOIR CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The October 2018 sale price of £268,450 represented a fair market value for the property.
• The size, condition, and specification of 2 BELVOIR CLOSE has not materially changed since October 2018.

How Large is 2 BELVOIR CLOSE?

2 BELVOIR CLOSE is 65m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% 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 2 BELVOIR CLOSE lies on this distribution: 4% of detached houses houses are smaller than 2 BELVOIR CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

2 BELVOIR CLOSE: Plot and Title Map

2 BELVOIR CLOSE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 2 BELVOIR 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 2 BELVOIR 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 2 BELVOIR CLOSE?

2 BELVOIR CLOSE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 2 on BELVOIR CLOSE.