1, MODEL FARM CLOSE, LOUGHBOROUGH, LE11 3QE - £440,000

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.

1 MODEL FARM CLOSE is a large extended detached house of 137m², built sometime between 1976 and 1982, which could now be worth an estimated £452,879. It was last sold for £440,000 in June 2023, which was around 7% above the average June 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

1 MODEL FARM CLOSE Sold Prices

Land registry data shows three sales for 1 MODEL FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 1 MODEL FARM 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
2023 13 JUN	£440,000	£412,044	7% above HPI
2017 1 JUN	£325,000	£293,689	11% above HPI
2003 22 DEC	£232,000	£207,985	12% above HPI

1 MODEL FARM 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 three 1 MODEL FARM CLOSE sales between December 2003 and June 2023 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 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2023 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 1 MODEL FARM CLOSE be worth now?

1 MODEL FARM CLOSE might now be worth an estimated £452,879.

This is based on house price inflation of 2.9%, between June 2023 and June 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 2.9% inflationary increase is applied to the most recent sale price for 1 MODEL FARM CLOSE of £440,000 on 13th June 2023. For the value to have increased from £440,000 to £452,879 over the two years to June 2025, the following assumptions must hold true:

• The value of 1 MODEL FARM CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 2023 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MODEL FARM CLOSE has not materially changed since June 2023.

How Large is 1 MODEL FARM CLOSE?

1 MODEL FARM CLOSE is 137m², which includes three extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 30% 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 1 MODEL FARM CLOSE lies on this distribution: 74% of detached houses houses are smaller than 1 MODEL FARM CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

1 MODEL FARM CLOSE: Plot and Title Map

1 MODEL FARM CLOSE sits on a plot of roughly 0.232 of an acre, or 939m². The below map shows the location of 1 MODEL FARM 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 1 MODEL FARM 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 1 MODEL FARM CLOSE?

1 MODEL FARM CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 1 on MODEL FARM CLOSE.