2, WEAVER CLOSE, LOUGHBOROUGH, LE11 2LG - £135,000

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.

2 WEAVER CLOSE is a very small extended terraced house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £181,946. It was last sold for £135,000 in June 2018, which was around 15% below the average June 2018 terraced price in the Charnwood local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was B.

2 WEAVER CLOSE Sold Prices

Land registry data shows five sales for 2 WEAVER 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. Most of the five 2 WEAVER 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
2018 5 JUN	£135,000	£158,711	15% below HPI
2003 21 MAR	£93,000	£85,844	8% above HPI
2001 14 SEP	£65,500	£59,788	10% above HPI
2001 30 MAR	£58,000	£53,947	8% above HPI
1996 11 OCT	£39,250	£39,677	1% below HPI

2 WEAVER 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 2 WEAVER CLOSE sales between October 1996 and June 2018 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 March 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 WEAVER CLOSE be worth now?

2 WEAVER CLOSE might now be worth an estimated £181,946.

This is based on house price inflation of 34.8%, between June 2018 and June 2025, 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 34.8% inflationary increase is applied to the most recent sale price for 2 WEAVER CLOSE of £135,000 on 5th June 2018. For the value to have increased from £135,000 to £181,946 over the seven years to June 2025, the following assumptions must hold true:

• The value of 2 WEAVER CLOSE has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The June 2018 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WEAVER CLOSE has not materially changed since June 2018.

How Large is 2 WEAVER CLOSE?

2 WEAVER CLOSE is 55m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% 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 2 WEAVER CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 2 WEAVER CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

2 WEAVER CLOSE: Plot and Title Map

2 WEAVER CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 2 WEAVER 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 WEAVER 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 WEAVER CLOSE?

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