37, NORTHAGE CLOSE, QUORN, LOUGHBOROUGH, LE12 8AT - £515,000

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

37 NORTHAGE CLOSE is a large extended detached house of 165m², built sometime between 1983 and 1990, which could now be worth an estimated £650,057. It was last sold for £515,000 in June 2020, which was around 56% above the average June 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

37 NORTHAGE CLOSE Sold Prices

Land registry data shows two sales for 37 NORTHAGE 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 37 NORTHAGE 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
2020 8 JUN	£515,000	£329,746	56% above HPI
2014 10 NOV	£400,000	£262,057	53% above HPI

37 NORTHAGE 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 37 NORTHAGE CLOSE sales from November 2014 and June 2020 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 November 2014 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the June 2020 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 37 NORTHAGE CLOSE be worth now?

37 NORTHAGE CLOSE might now be worth an estimated £650,057.

This is based on house price inflation of 26.2%, between June 2020 and February 2025, 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 26.2% inflationary increase is applied to the most recent sale price for 37 NORTHAGE CLOSE of £515,000 on 8th June 2020. For the value to have increased from £515,000 to £650,057 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 37 NORTHAGE CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 2020 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 37 NORTHAGE CLOSE has not materially changed since June 2020.

How Large is 37 NORTHAGE CLOSE?

37 NORTHAGE CLOSE is 165m², which includes four extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 40% of detached houses houses in Quorn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Quorn, and where 37 NORTHAGE CLOSE lies on this distribution: 69% of detached houses houses are smaller than 37 NORTHAGE CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Quorn.

37 NORTHAGE CLOSE: Plot and Title Map

37 NORTHAGE CLOSE sits on a plot of roughly 0.299 of an acre, or 1,209m². The below map shows the location of 37 NORTHAGE 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 37 NORTHAGE 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 37 NORTHAGE CLOSE?

37 NORTHAGE CLOSE is located in QUORN, in the LE12 postcode district. The below map shows the position of No. 37 on NORTHAGE CLOSE.