4, ORCHID CLOSE, MOUNTSORREL, LOUGHBOROUGH, LE12 7GP - £220,000

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 ORCHID CLOSE is a midsized detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £387,574. It was last sold for £220,000 in November 2012, which was around 7% below the average November 2012 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

4 ORCHID CLOSE Sold Prices

Land registry data shows three sales for 4 ORCHID CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Two of the three 4 ORCHID CLOSE sales were for below the average price, whilst one was 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
2012 9 NOV	£220,000	£236,261	7% below HPI
2008 11 AUG	£220,000	£245,773	10% below HPI
1998 30 SEP	£99,950	£94,296	6% above HPI

4 ORCHID 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 three 4 ORCHID CLOSE sales between September 1998 and November 2012 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 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2012 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 4 ORCHID CLOSE be worth now?

4 ORCHID CLOSE might now be worth an estimated £387,574.

This is based on house price inflation of 76.2%, between November 2012 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 76.2% inflationary increase is applied to the most recent sale price for 4 ORCHID CLOSE of £220,000 on 9th November 2012. For the value to have increased from £220,000 to £387,574 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 ORCHID CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2012 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ORCHID CLOSE has not materially changed since November 2012.

How Large is 4 ORCHID CLOSE?

4 ORCHID CLOSE is 109m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 50% of detached houses houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mountsorrel, and where 4 ORCHID CLOSE lies on this distribution: 48% of detached houses houses are smaller than 4 ORCHID CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

4 ORCHID CLOSE: Plot and Title Map

4 ORCHID CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 4 ORCHID 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 ORCHID 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 ORCHID CLOSE?

4 ORCHID CLOSE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 4 on ORCHID CLOSE.