31, PADDOCK CLOSE, QUORN, LOUGHBOROUGH, LE12 8BJ - £570,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 PADDOCK CLOSE is a very large extended detached house of 193m², built sometime between 1950 and 1966. It was last sold for £570,000 in May 2019, which was around 77% above the average May 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

31 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 31 PADDOCK 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 31 PADDOCK 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
2019 3 MAY	£570,000	£321,758	77% above HPI
2016 12 JAN	£525,000	£286,454	83% above HPI

31 PADDOCK 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 31 PADDOCK CLOSE sales from January 2016 and May 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 2016 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the May 2019 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 31 PADDOCK CLOSE?

31 PADDOCK CLOSE is 193m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 20% of detached houses in Quorn, based on EPC data. The below chart shows the distribution of detached houses by size in Quorn, and where 31 PADDOCK CLOSE lies on this distribution: 80% of detached houses are smaller than 31 PADDOCK CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Quorn.

31 PADDOCK CLOSE: Plot and Title Map

31 PADDOCK CLOSE sits on a plot of roughly 0.210 of an acre, or 848m². The below map shows the location of 31 PADDOCK 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 31 PADDOCK 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 31 PADDOCK CLOSE?

31 PADDOCK CLOSE is located in QUORN, in the LE12 postcode district. The below map shows the position of No. 31 on PADDOCK CLOSE.