2, CHESTNUT CLOSE, QUORN, LOUGHBOROUGH, LE12 8AE - £810,000

2 CHESTNUT CLOSE is a very large extended detached house of 224m², built sometime between 1967 and 1975. It was last sold for £810,000 in November 2016, which was around 175% above the average November 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

2 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 2 CHESTNUT 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 2 CHESTNUT 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 29 NOV	£810,000	£294,442	175% above HPI
2013 22 MAY	£575,000	£235,164	145% above HPI
2007 8 MAY	£445,000	£255,009	75% above HPI

2 CHESTNUT 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 2 CHESTNUT CLOSE sales between May 2007 and November 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 May 2013 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the November 2016 sale, where it rises to 175% above the HPI. The line then continues to track at 175% above the HPI.

How Large is 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is 224m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses in Quorn, based on EPC data. The below chart shows the distribution of detached houses by size in Quorn, and where 2 CHESTNUT CLOSE lies on this distribution: 91% of detached houses are smaller than 2 CHESTNUT CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Quorn.

2 CHESTNUT CLOSE: Plot and Title Map

2 CHESTNUT CLOSE sits on a plot of roughly 0.244 of an acre, or 987m². The below map shows the location of 2 CHESTNUT 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 2 CHESTNUT 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 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is located in QUORN, in the LE12 postcode district. The below map shows the position of No. 2 on CHESTNUT CLOSE.