8, DURRELL CLOSE, LOUGHBOROUGH, LE11 5FA - £102,500

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.

8 DURRELL CLOSE is a very small terraced house of 42m², built sometime between 1967 and 1975, which could now be worth an estimated £144,717. It was last sold for £102,500 in March 2018, which was around 33% below the average March 2018 terraced price in the Charnwood local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

8 DURRELL CLOSE Sold Prices

Land registry data shows four sales for 8 DURRELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Charnwood local authority area for the corresponding sale date. All of the four 8 DURRELL 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
2018 9 MAR	£102,500	£153,430	33% below HPI
2007 22 JUN	£95,000	£134,129	29% below HPI
2001 21 SEP	£45,950	£59,788	23% below HPI
1995 10 NOV	£32,250	£39,142	18% below HPI

8 DURRELL 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 four 8 DURRELL CLOSE sales between November 1995 and March 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 June 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 DURRELL CLOSE be worth now?

8 DURRELL CLOSE might now be worth an estimated £144,717.

This is based on house price inflation of 41.2%, between March 2018 and July 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 41.2% inflationary increase is applied to the most recent sale price for 8 DURRELL CLOSE of £102,500 on 9th March 2018. For the value to have increased from £102,500 to £144,717 over the seven years and eight months to July 2026, the following assumptions must hold true:

• The value of 8 DURRELL CLOSE has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The March 2018 sale price of £102,500 represented a fair market value for the property.
• The size, condition, and specification of 8 DURRELL CLOSE has not materially changed since March 2018.

How Large is 8 DURRELL CLOSE?

8 DURRELL CLOSE is 42m² according to the EPC inspection conducted in March 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 8 DURRELL CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 8 DURRELL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 DURRELL CLOSE: Plot and Title Map

8 DURRELL CLOSE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 8 DURRELL 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 8 DURRELL 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 8 DURRELL CLOSE?

8 DURRELL CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 8 on DURRELL CLOSE.