2, MERE CLOSE, MOUNTSORREL, LOUGHBOROUGH, LE12 7BP - £78,000

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.

2 MERE CLOSE is a detached house, which could now be worth an estimated £329,600. It was last sold for £78,000 in August 1999, which was around 23% below the average August 1999 detached price in the Charnwood local authority area.

2 MERE CLOSE Sold Prices

Land registry data shows one sale for 2 MERE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Charnwood local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1999 6 AUG	£78,000	£100,736	23% below HPI

What might 2 MERE CLOSE be worth now?

2 MERE CLOSE might now be worth an estimated £329,600.

This is based on house price inflation of 322.6%, between August 1999 and April 2026, 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 322.6% inflationary increase is applied to the most recent sale price for 2 MERE CLOSE of £78,000 on 6th August 1999. For the value to have increased from £78,000 to £329,600 over the 27 years and four months to April 2026, the following assumptions must hold true:

• The value of 2 MERE CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 1999 sale price of £78,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MERE CLOSE has not materially changed since August 1999.

Where is 2 MERE CLOSE?

2 MERE CLOSE is located in MOUNTSORREL, in the LE12 postcode district.