55, MAIN STREET, COSTOCK, LOUGHBOROUGH, LE12 6XD - £317,500

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.

55 MAIN STREET is a very small extended detached house of 106m², built sometime between 1930 and 1949, which could now be worth an estimated £414,884. It was last sold for £317,500 in July 2019, which was around 17% below the average July 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

55 MAIN STREET Sold Prices

Land registry data shows four sales for 55 MAIN STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 55 MAIN STREET 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
2019 19 JUL	£317,500	£382,821	17% below HPI
2017 31 MAY	£280,000	£344,555	19% below HPI
1999 25 JUN	£98,500	£113,393	13% below HPI
1997 21 FEB	£78,000	£96,322	19% below HPI

55 MAIN STREET 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 four 55 MAIN STREET sales between February 1997 and July 2019 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 May 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 55 MAIN STREET be worth now?

55 MAIN STREET might now be worth an estimated £414,884.

This is based on house price inflation of 30.7%, between July 2019 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 30.7% inflationary increase is applied to the most recent sale price for 55 MAIN STREET of £317,500 on 19th July 2019. For the value to have increased from £317,500 to £414,884 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 55 MAIN STREET has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The July 2019 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 55 MAIN STREET has not materially changed since July 2019.

How Large is 55 MAIN STREET?

55 MAIN STREET is 106m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses houses in Costock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Costock, and where 55 MAIN STREET lies on this distribution: 18% of detached houses houses are smaller than 55 MAIN STREET, and 82% of houses are larger. Note that EPC data is not available for all properties in Costock.

55 MAIN STREET: Plot and Title Map

55 MAIN STREET sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 55 MAIN STREET, 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 55 MAIN STREET). 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 55 MAIN STREET?

55 MAIN STREET is located in COSTOCK, in the LE12 postcode district. The below map shows the position of No. 55 on MAIN STREET.