8, CYPRESS CLOSE, LOUGHBOROUGH, LE11 2QP - £260,000

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.

8 CYPRESS CLOSE is a small extended detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £426,580. It was last sold for £260,000 in July 2014, which was around 2% above the average July 2014 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

8 CYPRESS CLOSE Sold Prices

Land registry data shows five sales for 8 CYPRESS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Most of the five 8 CYPRESS 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
2014 23 JUL	£260,000	£253,686	2% above HPI
2011 12 AUG	£212,500	£239,089	11% below HPI
2009 30 JAN	£200,000	£217,141	8% below HPI
2001 6 NOV	£142,000	£135,058	5% above HPI
1997 18 JUN	£96,000	£85,516	12% above HPI

8 CYPRESS 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 five 8 CYPRESS CLOSE sales between June 1997 and July 2014 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 August 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2014 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 8 CYPRESS CLOSE be worth now?

8 CYPRESS CLOSE might now be worth an estimated £426,580.

This is based on house price inflation of 64.1%, between July 2014 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 64.1% inflationary increase is applied to the most recent sale price for 8 CYPRESS CLOSE of £260,000 on 23rd July 2014. For the value to have increased from £260,000 to £426,580 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 8 CYPRESS CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The July 2014 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CYPRESS CLOSE has not materially changed since July 2014.

How Large is 8 CYPRESS CLOSE?

8 CYPRESS CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% 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 8 CYPRESS CLOSE lies on this distribution: 35% of detached houses houses are smaller than 8 CYPRESS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 CYPRESS CLOSE: Plot and Title Map

8 CYPRESS CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 8 CYPRESS 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 8 CYPRESS 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 8 CYPRESS CLOSE?

8 CYPRESS CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 8 on CYPRESS CLOSE.