8, WILLET CLOSE, SILEBY, LOUGHBOROUGH, LE12 7SY - £95,000

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

8 WILLET CLOSE is a very small detached house of 41m², built sometime between 2003 and 2006. It was last sold for £95,000 in June 2006, which was around 59% below the average June 2006 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was C.

8 WILLET CLOSE Sold Prices

Land registry data shows two sales for 8 WILLET 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. Both of the two 8 WILLET 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
2006 28 JUN	£95,000	£228,918	59% below HPI
2003 26 SEP	£89,995	£204,610	56% below HPI

8 WILLET 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 8 WILLET CLOSE sales from September 2003 and June 2006 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 September 2003 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2006 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

What might 8 WILLET CLOSE be worth now?

8 WILLET CLOSE might now be worth an estimated £171,001.

This is based on house price inflation of 80%, between June 2006 and December 2024, 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 80% inflationary increase is applied to the most recent sale price for 8 WILLET CLOSE of £95,000 on 28th June 2006. For the value to have increased from £95,000 to £171,001 over the seventeen years and six months to December 2024, the following assumptions must hold true:

• The value of 8 WILLET CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 2006 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WILLET CLOSE has not materially changed since June 2006.

How Large is 8 WILLET CLOSE?

8 WILLET CLOSE is 41m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of detached houses houses in Sileby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sileby, and where 8 WILLET CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 8 WILLET CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Sileby.

8 WILLET CLOSE: Plot and Title Map

8 WILLET CLOSE sits on a plot of roughly 0.015 of an acre, or 60m². The below map shows the location of 8 WILLET 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 WILLET 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 WILLET CLOSE?

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