3, OLD FORGE CLOSE, HATHERN, LOUGHBOROUGH, LE12 5JW - £330,000

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 OLD FORGE CLOSE is a very large detached house of 184m², built sometime between 1983 and 1990. It was last sold for £330,000 in September 2015, which was around 19% above the average September 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

3 OLD FORGE CLOSE Sold Prices

Land registry data shows two sales for 3 OLD FORGE 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 3 OLD FORGE 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
2015 25 SEP	£330,000	£276,389	19% above HPI
1996 3 APR	£130,000	£79,973	63% above HPI

3 OLD FORGE 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 3 OLD FORGE CLOSE sales from April 1996 and September 2015 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 April 1996 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the September 2015 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 3 OLD FORGE CLOSE?

3 OLD FORGE CLOSE is 184m² according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses in Hathern, based on EPC data. The below chart shows the distribution of detached houses by size in Hathern, and where 3 OLD FORGE CLOSE lies on this distribution: 90% of detached houses are smaller than 3 OLD FORGE CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Hathern.

3 OLD FORGE CLOSE: Plot and Title Map

3 OLD FORGE CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 3 OLD FORGE 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 OLD FORGE 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 OLD FORGE CLOSE?

3 OLD FORGE CLOSE is located in HATHERN, in the LE12 postcode district. The below map shows the position of No. 3 on OLD FORGE CLOSE.