7, COTTAGE CLOSE, EAST LEAKE, LOUGHBOROUGH, LE12 6RX - £405,000

7 COTTAGE CLOSE is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £405,000 in September 2023, which was around 13% below the average September 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was A.

7 COTTAGE CLOSE Sold Prices

Land registry data shows three sales for 7 COTTAGE 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 Rushcliffe local authority area for the corresponding sale date. All of the three 7 COTTAGE 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
2023 21 SEP	£405,000	£466,769	13% below HPI
2008 18 JAN	£249,999	£284,950	12% below HPI
1997 7 AUG	£95,950	£99,679	4% below HPI

7 COTTAGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 7 COTTAGE CLOSE sales between August 1997 and September 2023 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 January 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 COTTAGE CLOSE?

7 COTTAGE CLOSE is 119m² according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses by size in East Leake, and where 7 COTTAGE CLOSE lies on this distribution: 54% of detached houses are smaller than 7 COTTAGE CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in East Leake.

7 COTTAGE CLOSE: Plot and Title Map

7 COTTAGE CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 7 COTTAGE 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 7 COTTAGE 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 7 COTTAGE CLOSE?

7 COTTAGE CLOSE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 7 on COTTAGE CLOSE.