4, IRIS CLOSE, MOUNTSORREL, LOUGHBOROUGH, LE12 7FT - £150,000

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.

4 IRIS CLOSE is a small extended terraced house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £260,057. It was last sold for £150,000 in November 2013, which was around 20% above the average November 2013 terraced price in the Charnwood local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

4 IRIS CLOSE Sold Prices

Land registry data shows five sales for 4 IRIS 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. All of the five 4 IRIS 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
2013 1 NOV	£150,000	£125,202	20% above HPI
2008 23 MAY	£170,000	£130,002	31% above HPI
2005 24 JUN	£165,000	£117,556	40% above HPI
2001 23 MAY	£79,950	£56,742	41% above HPI
1997 17 JAN	£57,500	£39,353	46% above HPI

4 IRIS 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 4 IRIS CLOSE sales between January 1997 and November 2013 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 2008 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the November 2013 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 4 IRIS CLOSE be worth now?

4 IRIS CLOSE might now be worth an estimated £260,057.

This is based on house price inflation of 73.4%, between November 2013 and April 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 73.4% inflationary increase is applied to the most recent sale price for 4 IRIS CLOSE of £150,000 on 1st November 2013. For the value to have increased from £150,000 to £260,057 over the thirteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 4 IRIS CLOSE has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The November 2013 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 4 IRIS CLOSE has not materially changed since November 2013.

How Large is 4 IRIS CLOSE?

4 IRIS CLOSE is 89m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% 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 4 IRIS CLOSE lies on this distribution: 23% of terraced houses houses are smaller than 4 IRIS CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

4 IRIS CLOSE: Plot and Title Map

4 IRIS CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 4 IRIS 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 4 IRIS 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 4 IRIS CLOSE?

4 IRIS CLOSE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 4 on IRIS CLOSE.