6, CHERRY CLOSE, LOUGHBOROUGH, LE11 2QR - £89,000

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.

6 CHERRY CLOSE is a very small detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £398,834. It was last sold for £89,000 in June 1998, which was around 4% below the average June 1998 detached price in the Charnwood 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.

6 CHERRY CLOSE Sold Prices

Land registry data shows two sales for 6 CHERRY 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. One of the two 6 CHERRY CLOSE sales was for below the average price, whilst the other was 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
1998 26 JUN	£89,000	£92,880	4% below HPI
1995 13 APR	£81,950	£78,055	5% above HPI

6 CHERRY 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 6 CHERRY CLOSE sales from April 1995 and June 1998 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 April 1995 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 1998 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 6 CHERRY CLOSE be worth now?

6 CHERRY CLOSE might now be worth an estimated £398,834.

This is based on house price inflation of 348.1%, between June 1998 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 348.1% inflationary increase is applied to the most recent sale price for 6 CHERRY CLOSE of £89,000 on 26th June 1998. For the value to have increased from £89,000 to £398,834 over the 27 years and four months to February 2025, the following assumptions must hold true:

• The value of 6 CHERRY CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 1998 sale price of £89,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CHERRY CLOSE has not materially changed since June 1998.

How Large is 6 CHERRY CLOSE?

6 CHERRY CLOSE is 86m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughborough, and where 6 CHERRY CLOSE lies on this distribution: 19% of detached houses houses are smaller than 6 CHERRY CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

6 CHERRY CLOSE: Plot and Title Map

6 CHERRY CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 6 CHERRY 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 6 CHERRY 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 6 CHERRY CLOSE?

6 CHERRY CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 6 on CHERRY CLOSE.