8, WRIGHTS CLOSE, QUORN, LOUGHBOROUGH, LE12 8TU - £650,000

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 WRIGHTS CLOSE is a large extended detached house of 192m², built sometime between 1991 and 1995, which could now be worth an estimated £966,828. It was last sold for £650,000 in April 2016, which was around 132% above the average April 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

8 WRIGHTS CLOSE Sold Prices

Land registry data shows two sales for 8 WRIGHTS 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 WRIGHTS 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
2016 1 APR	£650,000	£279,826	132% above HPI
1997 17 JAN	£153,500	£82,269	87% above HPI

8 WRIGHTS 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 WRIGHTS CLOSE sales from January 1997 and April 2016 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 January 1997 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the April 2016 sale, where it rises to 132% above the HPI. The line then continues to track at 132% above the HPI.

What might 8 WRIGHTS CLOSE be worth now?

8 WRIGHTS CLOSE might now be worth an estimated £966,828.

This is based on house price inflation of 48.7%, between April 2016 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 48.7% inflationary increase is applied to the most recent sale price for 8 WRIGHTS CLOSE of £650,000 on 1st April 2016. For the value to have increased from £650,000 to £966,828 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 8 WRIGHTS CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The April 2016 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WRIGHTS CLOSE has not materially changed since April 2016.

How Large is 8 WRIGHTS CLOSE?

8 WRIGHTS CLOSE is 192m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 20% of detached houses houses in Quorn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Quorn, and where 8 WRIGHTS CLOSE lies on this distribution: 80% of detached houses houses are smaller than 8 WRIGHTS CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Quorn.

8 WRIGHTS CLOSE: Plot and Title Map

8 WRIGHTS CLOSE sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 8 WRIGHTS 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 WRIGHTS 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 WRIGHTS CLOSE?

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