24, LILAC CLOSE, LOUGHBOROUGH, LE11 2LA - £178,000

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.

24 LILAC CLOSE is a small extended semi-detached house of 103m², built sometime between 1991 and 1995, which could now be worth an estimated £300,439. It was last sold for £178,000 in May 2014, which was around 14% above the average May 2014 semi-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 B.

24 LILAC CLOSE Sold Prices

Land registry data shows two sales for 24 LILAC CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 24 LILAC 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
2014 8 MAY	£178,000	£155,477	14% above HPI
1997 27 MAR	£52,000	£49,570	5% above HPI

24 LILAC CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 24 LILAC CLOSE sales from March 1997 and May 2014 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 March 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2014 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 24 LILAC CLOSE be worth now?

24 LILAC CLOSE might now be worth an estimated £300,439.

This is based on house price inflation of 68.8%, between May 2014 and February 2025, for semi-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 68.8% inflationary increase is applied to the most recent sale price for 24 LILAC CLOSE of £178,000 on 8th May 2014. For the value to have increased from £178,000 to £300,439 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 24 LILAC CLOSE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The May 2014 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LILAC CLOSE has not materially changed since May 2014.

How Large is 24 LILAC CLOSE?

24 LILAC CLOSE is 103m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of semi-detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Loughborough, and where 24 LILAC CLOSE lies on this distribution: 39% of semi-detached houses houses are smaller than 24 LILAC CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

24 LILAC CLOSE: Plot and Title Map

24 LILAC CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 24 LILAC 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 24 LILAC 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 24 LILAC CLOSE?

24 LILAC CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 24 on LILAC CLOSE.