2, WRIGHTS CLOSE, QUORN, LOUGHBOROUGH, LE12 8TU - £725,000

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 WRIGHTS CLOSE is a large detached house of 172m², built sometime between 1991 and 1995, which could now be worth an estimated £761,634. It was last sold for £725,000 in March 2024, which was around 83% above the average March 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

2 WRIGHTS CLOSE Sold Prices

Land registry data shows two sales for 2 WRIGHTS 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 WRIGHTS 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
2024 6 MAR	£725,000	£396,201	83% above HPI
1997 27 MAY	£192,000	£84,458	127% above HPI

2 WRIGHTS 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 WRIGHTS CLOSE sales from May 1997 and March 2024 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 May 1997 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the March 2024 sale, where it falls to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might 2 WRIGHTS CLOSE be worth now?

2 WRIGHTS CLOSE might now be worth an estimated £761,634.

This is based on house price inflation of 5.1%, between March 2024 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 5.1% inflationary increase is applied to the most recent sale price for 2 WRIGHTS CLOSE of £725,000 on 6th March 2024. For the value to have increased from £725,000 to £761,634 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 2 WRIGHTS CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The March 2024 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WRIGHTS CLOSE has not materially changed since March 2024.

How Large is 2 WRIGHTS CLOSE?

2 WRIGHTS CLOSE is 172m² according to the EPC inspection conducted in July 2023. This puts it in the largest 30% 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 WRIGHTS CLOSE lies on this distribution: 74% of detached houses houses are smaller than 2 WRIGHTS CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Quorn.

2 WRIGHTS CLOSE: Plot and Title Map

2 WRIGHTS CLOSE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 2 WRIGHTS 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 WRIGHTS 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 WRIGHTS CLOSE?

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