23, RECTORY CLOSE, SUTTON BONINGTON, LOUGHBOROUGH, LE12 5PJ - £365,000

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.

23 RECTORY CLOSE is a midsized detached house of 134m², built sometime from 2007 onwards, which could now be worth an estimated £477,883. It was last sold for £365,000 in February 2020, which was around 6% below the average February 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

23 RECTORY CLOSE Sold Prices

Land registry data shows two sales for 23 RECTORY 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 23 RECTORY 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
2020 27 FEB	£365,000	£386,641	6% below HPI
2010 7 MAY	£299,995	£268,091	12% above HPI

23 RECTORY 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 23 RECTORY CLOSE sales from May 2010 and February 2020 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 2010 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 23 RECTORY CLOSE be worth now?

23 RECTORY CLOSE might now be worth an estimated £477,883.

This is based on house price inflation of 30.9%, between February 2020 and March 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 30.9% inflationary increase is applied to the most recent sale price for 23 RECTORY CLOSE of £365,000 on 27th February 2020. For the value to have increased from £365,000 to £477,883 over the four years and eleven months to March 2025, the following assumptions must hold true:

• The value of 23 RECTORY CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The February 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 23 RECTORY CLOSE has not materially changed since February 2020.

How Large is 23 RECTORY CLOSE?

23 RECTORY CLOSE is 134m² according to the EPC inspection conducted in November 2019. This puts it in the largest 50% of detached houses houses in Sutton Bonington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutton Bonington, and where 23 RECTORY CLOSE lies on this distribution: 50% of detached houses houses are smaller than 23 RECTORY CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Sutton Bonington.

23 RECTORY CLOSE: Plot and Title Map

23 RECTORY CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 23 RECTORY 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 23 RECTORY 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 23 RECTORY CLOSE?

23 RECTORY CLOSE is located in SUTTON BONINGTON, in the LE12 postcode district. The below map shows the position of No. 23 on RECTORY CLOSE.