41, MEETING HOUSE CLOSE, EAST LEAKE, LOUGHBOROUGH, LE12 6HY - £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.

41 MEETING HOUSE CLOSE is a midsized detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £419,041. It was last sold for £220,000 in August 2005, which was around 16% below the average August 2005 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

41 MEETING HOUSE CLOSE Sold Prices

Land registry data shows two sales for 41 MEETING HOUSE 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 41 MEETING HOUSE 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
2005 12 AUG	£220,000	£262,630	16% below HPI
2002 6 SEP	£172,500	£193,094	11% below HPI

41 MEETING HOUSE 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 two 41 MEETING HOUSE CLOSE sales from September 2002 and August 2005 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 September 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2005 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 41 MEETING HOUSE CLOSE be worth now?

41 MEETING HOUSE CLOSE might now be worth an estimated £419,041.

This is based on house price inflation of 90.5%, between August 2005 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 90.5% inflationary increase is applied to the most recent sale price for 41 MEETING HOUSE CLOSE of £220,000 on 12th August 2005. For the value to have increased from £220,000 to £419,041 over the twenty years and six months to February 2025, the following assumptions must hold true:

• The value of 41 MEETING HOUSE CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The August 2005 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 41 MEETING HOUSE CLOSE has not materially changed since August 2005.

How Large is 41 MEETING HOUSE CLOSE?

41 MEETING HOUSE CLOSE is 117m² according to the EPC inspection conducted in July 2016. This puts it in the largest 50% 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 41 MEETING HOUSE CLOSE lies on this distribution: 51% of detached houses houses are smaller than 41 MEETING HOUSE CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in East Leake.

41 MEETING HOUSE CLOSE: Plot and Title Map

41 MEETING HOUSE CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 41 MEETING HOUSE 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 41 MEETING HOUSE 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 41 MEETING HOUSE CLOSE?

41 MEETING HOUSE CLOSE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 41 on MEETING HOUSE CLOSE.