14, IRONS CLOSE, MOUNTSORREL, LOUGHBOROUGH, LE12 7YR - £235,000

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.

14 IRONS CLOSE is a very small terraced house of 63m², built in 2015, which could now be worth an estimated £256,099. It was last sold for £235,000 in May 2024, which was around 17% above the average May 2024 terraced price in the Charnwood local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

14 IRONS CLOSE Sold Prices

Land registry data shows three sales for 14 IRONS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Charnwood local authority area for the corresponding sale date. All of the three 14 IRONS 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
2024 24 MAY	£235,000	£201,523	17% above HPI
2021 29 JAN	£220,000	£178,551	23% above HPI
2017 31 MAR	£179,995	£145,698	24% above HPI

14 IRONS 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 three 14 IRONS CLOSE sales between March 2017 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 January 2021 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2024 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 14 IRONS CLOSE be worth now?

14 IRONS CLOSE might now be worth an estimated £256,099.

This is based on house price inflation of 9%, between May 2024 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 9% inflationary increase is applied to the most recent sale price for 14 IRONS CLOSE of £235,000 on 24th May 2024. For the value to have increased from £235,000 to £256,099 over the two years to May 2026, the following assumptions must hold true:

• The value of 14 IRONS CLOSE has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The May 2024 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 14 IRONS CLOSE has not materially changed since May 2024.

How Large is 14 IRONS CLOSE?

14 IRONS CLOSE is 63m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of terraced houses houses in Mountsorrel, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mountsorrel, and where 14 IRONS CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 14 IRONS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

14 IRONS CLOSE: Plot and Title Map

14 IRONS CLOSE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 14 IRONS 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 14 IRONS 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 14 IRONS CLOSE?

14 IRONS CLOSE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 14 on IRONS CLOSE.