3, REDWING CLOSE, EAST LEAKE, LOUGHBOROUGH, LE12 6YJ - £340,000

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.

3 REDWING CLOSE is a midsized detached house of 113m², which could now be worth an estimated £414,310. It was last sold for £340,000 in September 2021, which was around 17% below the average September 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

3 REDWING CLOSE Sold Prices

Land registry data shows two sales for 3 REDWING 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. Both of the two 3 REDWING 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
2021 14 SEP	£340,000	£410,518	17% below HPI
2015 28 AUG	£289,995	£319,540	9% below HPI

3 REDWING 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 3 REDWING CLOSE sales from August 2015 and September 2021 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 August 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 REDWING CLOSE be worth now?

3 REDWING CLOSE might now be worth an estimated £414,310.

This is based on house price inflation of 21.9%, between September 2021 and February 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 21.9% inflationary increase is applied to the most recent sale price for 3 REDWING CLOSE of £340,000 on 14th September 2021. For the value to have increased from £340,000 to £414,310 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 REDWING CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The September 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REDWING CLOSE has not materially changed since September 2021.

How Large is 3 REDWING CLOSE?

3 REDWING CLOSE is 113m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Leake, and where 3 REDWING CLOSE lies on this distribution: 46% of detached houses houses are smaller than 3 REDWING CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in East Leake.

3 REDWING CLOSE: Plot and Title Map

3 REDWING CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 3 REDWING 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 REDWING 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 REDWING CLOSE?

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