2, FLANDERS CLOSE, QUORN, LOUGHBOROUGH, LE12 8NY - £380,000

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.

2 FLANDERS CLOSE is a midsized detached house of 142m², which could now be worth an estimated £498,292. It was last sold for £380,000 in May 2019, which was around 20% above the average May 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2014, where the current energy rating was B, and the potential energy rating was A.

2 FLANDERS CLOSE Sold Prices

Land registry data shows two sales for 2 FLANDERS 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 FLANDERS 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
2019 17 MAY	£380,000	£317,412	20% above HPI
2014 17 APR	£349,950	£247,771	41% above HPI

2 FLANDERS 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 FLANDERS CLOSE sales from April 2014 and May 2019 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 2014 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2019 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 FLANDERS CLOSE be worth now?

2 FLANDERS CLOSE might now be worth an estimated £498,292.

This is based on house price inflation of 31.1%, between May 2019 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 31.1% inflationary increase is applied to the most recent sale price for 2 FLANDERS CLOSE of £380,000 on 17th May 2019. For the value to have increased from £380,000 to £498,292 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 2 FLANDERS CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The May 2019 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FLANDERS CLOSE has not materially changed since May 2019.

How Large is 2 FLANDERS CLOSE?

2 FLANDERS CLOSE is 142m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses houses in Quorn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Quorn, and where 2 FLANDERS CLOSE lies on this distribution: 56% of detached houses houses are smaller than 2 FLANDERS CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Quorn.

2 FLANDERS CLOSE: Plot and Title Map

2 FLANDERS CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 2 FLANDERS 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 FLANDERS 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 FLANDERS CLOSE?

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