5, WRIGHTS CLOSE, QUORN, LOUGHBOROUGH, LE12 8TU - £705,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 WRIGHTS CLOSE is a midsized detached house of 137m², built sometime between 1983 and 1990. It was last sold for £705,000 in July 2024, which was around 68% above the average July 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

5 WRIGHTS CLOSE Sold Prices

Land registry data shows two sales for 5 WRIGHTS 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 5 WRIGHTS 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
2024 4 JUL	£705,000	£420,465	68% above HPI
1998 12 NOV	£198,000	£93,929	111% above HPI

5 WRIGHTS 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 5 WRIGHTS CLOSE sales from November 1998 and July 2024 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 1998 sale was for 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the July 2024 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 5 WRIGHTS CLOSE?

5 WRIGHTS CLOSE is 137m² according to the EPC inspection conducted in February 2024. This puts it in the largest 50% of detached houses in Quorn, based on EPC data. The below chart shows the distribution of detached houses by size in Quorn, and where 5 WRIGHTS CLOSE lies on this distribution: 51% of detached houses are smaller than 5 WRIGHTS CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Quorn.

5 WRIGHTS CLOSE: Plot and Title Map

5 WRIGHTS CLOSE sits on a plot of roughly 0.239 of an acre, or 968m². The below map shows the location of 5 WRIGHTS 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 5 WRIGHTS 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 5 WRIGHTS CLOSE?

5 WRIGHTS CLOSE is located in QUORN, in the LE12 postcode district. The below map shows the position of No. 5 on WRIGHTS CLOSE.