36, HERRICK CLOSE, SILEBY, LOUGHBOROUGH, LE12 7RL - £116,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

36 HERRICK CLOSE is a small detached house of 105m², built sometime between 1996 and 2002. It was last sold for £116,950 in July 2001, which was around 8% below the average July 2001 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

36 HERRICK CLOSE Sold Prices

Land registry data shows two sales for 36 HERRICK 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 36 HERRICK 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
2001 19 JUL	£116,950	£127,769	8% below HPI
1997 15 DEC	£80,000	£90,761	12% below HPI

36 HERRICK 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 36 HERRICK CLOSE sales from December 1997 and July 2001 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 December 1997 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2001 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 36 HERRICK CLOSE be worth now?

36 HERRICK CLOSE might now be worth an estimated £377,163.

This is based on house price inflation of 222.5%, between July 2001 and December 2024, for 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 222.5% inflationary increase is applied to the most recent sale price for 36 HERRICK CLOSE of £116,950 on 19th July 2001. For the value to have increased from £116,950 to £377,163 over the 22 years and seven months to December 2024, the following assumptions must hold true:

• The value of 36 HERRICK CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The July 2001 sale price of £116,950 represented a fair market value for the property.
• The size, condition, and specification of 36 HERRICK CLOSE has not materially changed since July 2001.

How Large is 36 HERRICK CLOSE?

36 HERRICK CLOSE is 105m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses houses in Sileby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sileby, and where 36 HERRICK CLOSE lies on this distribution: 39% of detached houses houses are smaller than 36 HERRICK CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Sileby.

36 HERRICK CLOSE: Plot and Title Map

36 HERRICK CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 36 HERRICK 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 36 HERRICK 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 36 HERRICK CLOSE?

36 HERRICK CLOSE is located in SILEBY, in the LE12 postcode district. The below map shows the position of No. 36 on HERRICK CLOSE.