4, COTTAGE CLOSE, EAST LEAKE, LOUGHBOROUGH, LE12 6RX - £285,000

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.

4 COTTAGE CLOSE is a small detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £359,844. It was last sold for £285,000 in October 2020, which was around 29% below the average October 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

4 COTTAGE CLOSE Sold Prices

Land registry data shows five sales for 4 COTTAGE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the five 4 COTTAGE 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
2020 9 OCT	£285,000	£400,929	29% below HPI
2013 24 MAY	£203,000	£279,818	27% below HPI
2004 8 APR	£194,995	£239,995	19% below HPI
2000 22 SEP	£115,000	£138,880	17% below HPI
1997 11 SEP	£79,950	£102,338	22% below HPI

4 COTTAGE 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 five 4 COTTAGE CLOSE sales between September 1997 and October 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 May 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 4 COTTAGE CLOSE be worth now?

4 COTTAGE CLOSE might now be worth an estimated £359,844.

This is based on house price inflation of 26.3%, between October 2020 and March 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 26.3% inflationary increase is applied to the most recent sale price for 4 COTTAGE CLOSE of £285,000 on 9th October 2020. For the value to have increased from £285,000 to £359,844 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of 4 COTTAGE CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The October 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 COTTAGE CLOSE has not materially changed since October 2020.

How Large is 4 COTTAGE CLOSE?

4 COTTAGE CLOSE is 91m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% 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 4 COTTAGE CLOSE lies on this distribution: 20% of detached houses houses are smaller than 4 COTTAGE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in East Leake.

4 COTTAGE CLOSE: Plot and Title Map

4 COTTAGE CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 4 COTTAGE 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 4 COTTAGE 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 4 COTTAGE CLOSE?

4 COTTAGE CLOSE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 4 on COTTAGE CLOSE.