2, PORRITT CLOSE, EAST LEAKE, LOUGHBOROUGH, LE12 6AJ - £280,000

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 PORRITT CLOSE is a large detached house of 127m², which could now be worth an estimated £401,450. It was last sold for £280,000 in November 2016, which was around 20% below the average November 2016 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2011, where the current energy rating was B, and the potential energy rating was B.

2 PORRITT CLOSE Sold Prices

Land registry data shows two sales for 2 PORRITT 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. One of the two 2 PORRITT CLOSE sales was for below the average price, whilst the other was 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
2016 1 NOV	£280,000	£348,903	20% below HPI
2011 28 APR	£280,000	£264,514	6% above HPI

2 PORRITT 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 2 PORRITT CLOSE sales from April 2011 and November 2016 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 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 PORRITT CLOSE be worth now?

2 PORRITT CLOSE might now be worth an estimated £401,450.

This is based on house price inflation of 43.4%, between November 2016 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 43.4% inflationary increase is applied to the most recent sale price for 2 PORRITT CLOSE of £280,000 on 1st November 2016. For the value to have increased from £280,000 to £401,450 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 PORRITT CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The November 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PORRITT CLOSE has not materially changed since November 2016.

How Large is 2 PORRITT CLOSE?

2 PORRITT CLOSE is 127m² according to the EPC inspection conducted in March 2011. This puts it in the largest 40% of detached houses houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Leake, and where 2 PORRITT CLOSE lies on this distribution: 64% of detached houses houses are smaller than 2 PORRITT CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in East Leake.

2 PORRITT CLOSE: Plot and Title Map

2 PORRITT CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 2 PORRITT 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 PORRITT 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 PORRITT CLOSE?

2 PORRITT CLOSE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 2 on PORRITT CLOSE.