2, GILES CLOSE, QUORN, LOUGHBOROUGH, LE12 8YS - £560,000

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

2 GILES CLOSE is a very small detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £607,035. It was last sold for £560,000 in March 2022, which was around 46% above the average March 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

2 GILES CLOSE Sold Prices

Land registry data shows four sales for 2 GILES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 2 GILES 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
2022 31 MAR	£560,000	£383,971	46% above HPI
2016 3 AUG	£397,000	£285,980	39% above HPI
2010 2 AUG	£307,000	£242,458	27% above HPI
2002 15 NOV	£235,000	£173,891	35% above HPI

2 GILES 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 four 2 GILES CLOSE sales between November 2002 and March 2022 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 August 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2022 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 2 GILES CLOSE be worth now?

2 GILES CLOSE might now be worth an estimated £607,035.

This is based on house price inflation of 8.4%, between March 2022 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 8.4% inflationary increase is applied to the most recent sale price for 2 GILES CLOSE of £560,000 on 31st March 2022. For the value to have increased from £560,000 to £607,035 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 2 GILES CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The March 2022 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GILES CLOSE has not materially changed since March 2022.

How Large is 2 GILES CLOSE?

2 GILES CLOSE is 95m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% 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 GILES CLOSE lies on this distribution: 14% of detached houses houses are smaller than 2 GILES CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Quorn.

2 GILES CLOSE: Plot and Title Map

2 GILES CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 2 GILES 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 GILES 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 GILES CLOSE?

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