8, PIPER CLOSE, LOUGHBOROUGH, LE11 3LG - £366,000

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.

8 PIPER CLOSE is a midsized detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £365,803. It was last sold for £366,000 in December 2022, which was around 12% below the average December 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

8 PIPER CLOSE Sold Prices

Land registry data shows three sales for 8 PIPER 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 Charnwood local authority area for the corresponding sale date. One of the three 8 PIPER CLOSE sales was for below the average price, whilst two 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
2022 22 DEC	£366,000	£416,445	12% below HPI
2011 27 OCT	£250,000	£236,367	6% above HPI
2000 12 OCT	£138,000	£117,927	17% above HPI

8 PIPER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 8 PIPER CLOSE sales between October 2000 and December 2022 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 October 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 PIPER CLOSE be worth now?

8 PIPER CLOSE might now be worth an estimated £365,803.

This is based on house price deflation of 0.1%, between December 2022 and February 2025, for detached 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 0.1% deflationary decrease is applied to the most recent sale price for 8 PIPER CLOSE of £366,000 on 22nd December 2022. For the value to have decreased from £366,000 to £365,803 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 PIPER CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The December 2022 sale price of £366,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PIPER CLOSE has not materially changed since December 2022.

How Large is 8 PIPER CLOSE?

8 PIPER CLOSE is 106m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughborough, and where 8 PIPER CLOSE lies on this distribution: 42% of detached houses houses are smaller than 8 PIPER CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 PIPER CLOSE: Plot and Title Map

8 PIPER CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 8 PIPER 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 PIPER 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 PIPER CLOSE?

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