3, EXETER CLOSE, EAST LEAKE, LOUGHBOROUGH, LE12 6LS - £255,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 EXETER CLOSE is a small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £255,000 in September 2019, which was around 32% below the average September 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

3 EXETER CLOSE Sold Prices

Land registry data shows three sales for 3 EXETER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 3 EXETER CLOSE sales were for below 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
2019 24 SEP	£255,000	£376,583	32% below HPI
2003 31 JAN	£139,950	£221,012	37% below HPI
1996 20 MAR	£56,000	£89,084	37% below HPI

3 EXETER 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 three 3 EXETER CLOSE sales between March 1996 and September 2019 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 January 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 EXETER CLOSE?

3 EXETER CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses by size in East Leake, and where 3 EXETER CLOSE lies on this distribution: 29% of detached houses are smaller than 3 EXETER CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in East Leake.

3 EXETER CLOSE: Plot and Title Map

3 EXETER CLOSE sits on a plot of roughly 0.056 of an acre, or 229m². The below map shows the location of 3 EXETER 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 3 EXETER 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 3 EXETER CLOSE?

3 EXETER CLOSE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 3 on EXETER CLOSE.