54, MEETING HOUSE CLOSE, EAST LEAKE, LOUGHBOROUGH, LE12 6HY - £355,000

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.

54 MEETING HOUSE CLOSE is a very small detached house of 80m², built sometime between 1991 and 1995, which could now be worth an estimated £448,227. It was last sold for £355,000 in October 2020, which was around 11% below the average October 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

54 MEETING HOUSE CLOSE Sold Prices

Land registry data shows three sales for 54 MEETING HOUSE 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 Rushcliffe local authority area for the corresponding sale date. All of the three 54 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
2020 22 OCT	£355,000	£400,929	11% below HPI
2003 25 SEP	£170,000	£238,989	29% below HPI
2003 23 MAY	£170,000	£228,471	26% below HPI

54 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 three 54 MEETING HOUSE CLOSE sales between May 2003 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 September 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 54 MEETING HOUSE CLOSE be worth now?

54 MEETING HOUSE CLOSE might now be worth an estimated £448,227.

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 54 MEETING HOUSE CLOSE of £355,000 on 22nd October 2020. For the value to have increased from £355,000 to £448,227 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of 54 MEETING HOUSE CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The October 2020 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 54 MEETING HOUSE CLOSE has not materially changed since October 2020.

How Large is 54 MEETING HOUSE CLOSE?

54 MEETING HOUSE CLOSE is 80m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% 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 54 MEETING HOUSE CLOSE lies on this distribution: 9% of detached houses houses are smaller than 54 MEETING HOUSE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in East Leake.

54 MEETING HOUSE CLOSE: Plot and Title Map

54 MEETING HOUSE CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 54 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 54 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 54 MEETING HOUSE CLOSE?

54 MEETING HOUSE CLOSE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 54 on MEETING HOUSE CLOSE.