4, SOUTHWELL CLOSE, EAST LEAKE, LOUGHBOROUGH, LE12 6LR - £420,000

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 SOUTHWELL CLOSE is a large extended detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £447,079. It was last sold for £420,000 in October 2022, which was around 11% below the average October 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

4 SOUTHWELL CLOSE Sold Prices

Land registry data shows five sales for 4 SOUTHWELL 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 SOUTHWELL 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
2022 6 OCT	£420,000	£469,941	11% below HPI
2014 6 JUN	£230,000	£286,764	20% below HPI
2001 21 SEP	£104,500	£157,470	34% below HPI
1998 30 SEP	£74,500	£107,793	31% below HPI
1998 16 JAN	£66,000	£104,498	37% below HPI

4 SOUTHWELL 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 SOUTHWELL CLOSE sales between January 1998 and October 2022 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 June 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 4 SOUTHWELL CLOSE be worth now?

4 SOUTHWELL CLOSE might now be worth an estimated £447,079.

This is based on house price inflation of 6.4%, between October 2022 and February 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 6.4% inflationary increase is applied to the most recent sale price for 4 SOUTHWELL CLOSE of £420,000 on 6th October 2022. For the value to have increased from £420,000 to £447,079 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 SOUTHWELL CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The October 2022 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SOUTHWELL CLOSE has not materially changed since October 2022.

How Large is 4 SOUTHWELL CLOSE?

4 SOUTHWELL CLOSE is 133m², which includes three extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 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 SOUTHWELL CLOSE lies on this distribution: 72% of detached houses houses are smaller than 4 SOUTHWELL CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in East Leake.

4 SOUTHWELL CLOSE: Plot and Title Map

4 SOUTHWELL CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 4 SOUTHWELL 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 SOUTHWELL 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 SOUTHWELL CLOSE?

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