7, EXETER CLOSE, EAST LEAKE, LOUGHBOROUGH, LE12 6LS - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 EXETER CLOSE is a midsized detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £370,749. It was last sold for £275,000 in September 2017, which was around 23% below the average September 2017 detached price in the Rushcliffe local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

7 EXETER CLOSE Sold Prices

Land registry data shows two sales for 7 EXETER 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 7 EXETER 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
2017 1 SEP	£275,000	£357,902	23% below HPI
2003 29 JUL	£193,500	£240,776	20% below HPI

7 EXETER 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 7 EXETER CLOSE sales from July 2003 and September 2017 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 July 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 7 EXETER CLOSE be worth now?

7 EXETER CLOSE might now be worth an estimated £370,749.

This is based on house price inflation of 34.8%, between September 2017 and December 2024, 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 34.8% inflationary increase is applied to the most recent sale price for 7 EXETER CLOSE of £275,000 on 1st September 2017. For the value to have increased from £275,000 to £370,749 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of 7 EXETER CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The September 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7 EXETER CLOSE has not materially changed since September 2017.

How Large is 7 EXETER CLOSE?

7 EXETER CLOSE is 119m² according to the EPC inspection conducted in January 2017. 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 7 EXETER CLOSE lies on this distribution: 54% of detached houses houses are smaller than 7 EXETER CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in East Leake.

7 EXETER CLOSE: Plot and Title Map

7 EXETER CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 7 EXETER 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 7 EXETER 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 7 EXETER CLOSE?

7 EXETER CLOSE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 7 on EXETER CLOSE.