23, THE PINGLE, QUORN, LOUGHBOROUGH, LE12 8FQ - £590,000

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

23 THE PINGLE is a large extended detached house of 170m², built sometime between 1991 and 1995, which could now be worth an estimated £699,536. It was last sold for £590,000 in October 2020, which was around 70% above the average October 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

23 THE PINGLE Sold Prices

Land registry data shows four sales for 23 THE PINGLE 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 23 THE PINGLE 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
2020 23 OCT	£590,000	£347,533	70% above HPI
2018 31 OCT	£565,000	£319,055	77% above HPI
2004 20 AUG	£440,000	£227,616	93% above HPI
1995 31 OCT	£182,500	£80,831	126% above HPI

23 THE PINGLE 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 23 THE PINGLE sales between October 1995 and October 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 October 2018 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the October 2020 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 23 THE PINGLE be worth now?

23 THE PINGLE might now be worth an estimated £699,536.

This is based on house price inflation of 18.6%, between October 2020 and December 2024, 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 18.6% inflationary increase is applied to the most recent sale price for 23 THE PINGLE of £590,000 on 23rd October 2020. For the value to have increased from £590,000 to £699,536 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 23 THE PINGLE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The October 2020 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THE PINGLE has not materially changed since October 2020.

How Large is 23 THE PINGLE?

23 THE PINGLE is 170m², which includes two extensions, according to the EPC inspection conducted in July 2018. 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 23 THE PINGLE lies on this distribution: 71% of detached houses houses are smaller than 23 THE PINGLE, and 28% of houses are larger. Note that EPC data is not available for all properties in Quorn.

23 THE PINGLE: Plot and Title Map

23 THE PINGLE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 23 THE PINGLE, 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 THE PINGLE). 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 THE PINGLE?

23 THE PINGLE is located in QUORN, in the LE12 postcode district. The below map shows the position of No. 23 on THE PINGLE.