2, PIPER CLOSE, LOUGHBOROUGH, LE11 3LG - £239,000

2 PIPER CLOSE is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £239,000 in September 2016, which was around 17% below the average September 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

2 PIPER CLOSE Sold Prices

Land registry data shows three sales for 2 PIPER 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 PIPER CLOSE sales were for below 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 12 SEP	£239,000	£287,814	17% below HPI
2006 30 AUG	£216,000	£245,569	12% below HPI
2004 30 JUN	£205,000	£221,322	7% below HPI

2 PIPER 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 PIPER CLOSE sales between June 2004 and September 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 August 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 PIPER CLOSE?

2 PIPER CLOSE is 85m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 2 PIPER CLOSE lies on this distribution: 18% of detached houses are smaller than 2 PIPER CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

2 PIPER CLOSE: Plot and Title Map

2 PIPER CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 2 PIPER 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 PIPER 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 PIPER CLOSE?

2 PIPER CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 2 on PIPER CLOSE.