23, IRONS CLOSE, MOUNTSORREL, LOUGHBOROUGH, LE12 7YR - £96,250

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.

23 IRONS CLOSE is a very small terraced house of 63m², built in 2015, which could now be worth an estimated £125,878. It was last sold for £96,250 in September 2020, which was around 43% below the average September 2020 terraced price in the Charnwood local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

23 IRONS CLOSE Sold Prices

Land registry data shows two sales for 23 IRONS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Charnwood local authority area for the corresponding sale date. One of the two 23 IRONS CLOSE sales was for below the average price, whilst the other was 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
2020 14 SEP	£96,250	£167,925	43% below HPI
2018 21 FEB	£517,842	£151,864	241% above HPI

23 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 two 23 IRONS CLOSE sales from February 2018 and September 2020 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 2018 sale was for 241% above the HPI. So the extrapolation line tracks at 241% above the HPI over time, until the September 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 23 IRONS CLOSE be worth now?

23 IRONS CLOSE might now be worth an estimated £125,878.

This is based on house price inflation of 30.8%, between September 2020 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 30.8% inflationary increase is applied to the most recent sale price for 23 IRONS CLOSE of £96,250 on 14th September 2020. For the value to have increased from £96,250 to £125,878 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of 23 IRONS CLOSE has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The September 2020 sale price of £96,250 represented a fair market value for the property.
• The size, condition, and specification of 23 IRONS CLOSE has not materially changed since September 2020.

How Large is 23 IRONS CLOSE?

23 IRONS CLOSE is 63m² according to the EPC inspection conducted in January 2018. 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 23 IRONS CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 23 IRONS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

23 IRONS CLOSE: Plot and Title Map

23 IRONS CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 23 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 23 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 23 IRONS CLOSE?

23 IRONS CLOSE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 23 on IRONS CLOSE.