8, MERE CLOSE, MOUNTSORREL, LOUGHBOROUGH, LE12 7BP - £134,000

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 MERE CLOSE is a detached house, which could now be worth an estimated £378,468. It was last sold for £134,000 in June 2002, which was around 12% below the average June 2002 detached price in the Charnwood local authority area.

8 MERE CLOSE Sold Prices

Land registry data shows two sales for 8 MERE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 8 MERE 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
2002 7 JUN	£134,000	£152,106	12% below HPI
1997 7 MAR	£76,000	£82,349	8% below HPI

What might 8 MERE CLOSE be worth now?

8 MERE CLOSE might now be worth an estimated £378,468.

This is based on house price inflation of 182.4%, between June 2002 and May 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 182.4% inflationary increase is applied to the most recent sale price for 8 MERE CLOSE of £134,000 on 7th June 2002. For the value to have increased from £134,000 to £378,468 over the 24 years and one month to May 2026, the following assumptions must hold true:

• The value of 8 MERE CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 2002 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MERE CLOSE has not materially changed since June 2002.

Where is 8 MERE CLOSE?

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