10, LILAC CLOSE, LOUGHBOROUGH, LE11 2LA - £226,000

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.

10 LILAC CLOSE is a small extended terraced house of 89m², built sometime between 2007 and 2011, which could now be worth an estimated £274,150. It was last sold for £226,000 in September 2021, which was around 25% above the average September 2021 terraced price in the Charnwood local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

10 LILAC CLOSE Sold Prices

Land registry data shows five sales for 10 LILAC CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Charnwood local authority area for the corresponding sale date. All of the five 10 LILAC 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
2021 24 SEP	£226,000	£181,044	25% above HPI
2015 20 FEB	£160,000	£131,517	22% above HPI
2008 25 APR	£155,000	£131,399	18% above HPI
2004 30 APR	£134,950	£106,069	27% above HPI
1997 12 DEC	£57,500	£42,675	35% above HPI

10 LILAC CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Charnwood local authority area over time, sourced from the HPI. The five 10 LILAC CLOSE sales between December 1997 and September 2021 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 February 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 10 LILAC CLOSE be worth now?

10 LILAC CLOSE might now be worth an estimated £274,150.

This is based on house price inflation of 21.3%, between September 2021 and May 2026, for terraced 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 21.3% inflationary increase is applied to the most recent sale price for 10 LILAC CLOSE of £226,000 on 24th September 2021. For the value to have increased from £226,000 to £274,150 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 10 LILAC CLOSE has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The September 2021 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LILAC CLOSE has not materially changed since September 2021.

How Large is 10 LILAC CLOSE?

10 LILAC CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of terraced houses houses in Loughborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Loughborough, and where 10 LILAC CLOSE lies on this distribution: 23% of terraced houses houses are smaller than 10 LILAC CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

10 LILAC CLOSE: Plot and Title Map

10 LILAC CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 10 LILAC 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 10 LILAC 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 10 LILAC CLOSE?

10 LILAC CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 10 on LILAC CLOSE.