8, PADDOCK CLOSE, QUORN, LOUGHBOROUGH, LE12 8BJ - £480,000

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 PADDOCK CLOSE is a midsized extended detached house of 138m², built sometime between 1950 and 1966, which could now be worth an estimated £638,211. It was last sold for £480,000 in May 2019, which was around 51% above the average May 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was C.

8 PADDOCK CLOSE Sold Prices

Land registry data shows one sale for 8 PADDOCK 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
2019 3 MAY	£480,000	£317,412	51% above HPI

What might 8 PADDOCK CLOSE be worth now?

8 PADDOCK CLOSE might now be worth an estimated £638,211.

This is based on house price inflation of 33%, between May 2019 and March 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 33% inflationary increase is applied to the most recent sale price for 8 PADDOCK CLOSE of £480,000 on 3rd May 2019. For the value to have increased from £480,000 to £638,211 over the seven years and two months to March 2026, the following assumptions must hold true:

• The value of 8 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The May 2019 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PADDOCK CLOSE has not materially changed since May 2019.

How Large is 8 PADDOCK CLOSE?

8 PADDOCK CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 50% of detached houses in Quorn, based on EPC data. The below chart shows the distribution of detached houses by size in Quorn, and where 8 PADDOCK CLOSE lies on this distribution: 51% of detached houses are smaller than 8 PADDOCK CLOSE, and 47% of detached houses are larger. Note that EPC data is not available for all properties in Quorn.

8 PADDOCK CLOSE: Plot

8 PADDOCK CLOSE sits on a plot of roughly 0.213 of an acre, or 862m².

Where is 8 PADDOCK CLOSE?

8 PADDOCK CLOSE is located in QUORN, in the LE12 postcode district.