8, IRIS CLOSE, MOUNTSORREL, LOUGHBOROUGH, LE12 7FT - £270,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 IRIS CLOSE is a very small semi-detached house of 66m², built sometime between 1996 and 2002. It was last sold for £270,000 in May 2024, which was around 33% below the average May 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

8 IRIS CLOSE Sold Prices

Land registry data shows four sales for 8 IRIS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 8 IRIS 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
2024 15 MAY	£270,000	£402,055	33% below HPI
2010 25 JUN	£152,000	£240,531	37% below HPI
1999 25 JUN	£60,000	£100,442	40% below HPI
1996 10 MAY	£55,500	£80,232	31% below HPI

8 IRIS 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 four 8 IRIS CLOSE sales between May 1996 and May 2024 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 June 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 IRIS CLOSE?

8 IRIS CLOSE is 66m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of detached houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses by size in Mountsorrel, and where 8 IRIS CLOSE lies on this distribution: 5% of detached houses are smaller than 8 IRIS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

8 IRIS CLOSE: Plot and Title Map

8 IRIS CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 8 IRIS 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 IRIS 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 IRIS CLOSE?

8 IRIS CLOSE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 8 on IRIS CLOSE.