5, Irons Close
5, Irons Close
Description & Estimates
5, Irons Close, Loughborough is recorded publicly as a modern freehold house across 678 ft2 of internal area, sitting on a 131 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Irons Close, Loughborough is £265,903 and its rental estimate is £1,077 per month, given the available information and assuming reasonable condition.
Irons Close, Mountsorrel, Loughborough, LE12 falls within the LE12 postal district, in the borough of Charnwood.
Our Data Sources
5, Irons Close, Loughborough has 2 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Irons Close, Loughborough, we estimate a market value of £279,198 and a rental value of £1,131 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £247,290 and £1,002 per month respectively.
Recent Market Change
Over the last year, 5, Irons Close, Loughborough has seen its estimated sale value drop by £355 (0.1%) and its estimated rental value rise by £28 per month (2.6%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 5, Irons Close, Loughborough as measuring 131 m2.
That makes it the 17th largest plot in the postcode, where 20 of the 26 other houses have recorded plot data.
Energy Efficiency
5, Irons Close, Loughborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 May 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Irons Close, Loughborough completed on 29th July 2022 at £222,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 14.1% over the period since July 2022.
- Sold Jul 2022£222,000
- Sold May 2017£179,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Irons Close, Loughborough have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2024, was 40, Baum Drive, Loughborough, LE12 7XW, a freehold house which sold for £229,000.
Read more about house prices in LE12.
- Sold May 2024£229,000 | 2 Bed House40, Baum Drive, Loughborough, LE12 7XW40, Baum Drive, Loughborough, LE12 7XW
- Sold May 2024£235,000 | 2 Bed House14, Irons Close, Loughborough, LE12 7YR14, Irons Close, Loughborough, LE12 7YR
- Sold Jul 2021£215,000 | 2 Bed House3, Irons Close, Loughborough, LE12 7YR3, Irons Close, Loughborough, LE12 7YR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 26 addresses on Irons Close, Mountsorrel, Loughborough, LE12, 5, Irons Close, Loughborough comes out as the 20th largest and the 22nd most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the LE12 district.
More reading links
Schools Nearby
- 1.3kmChrist Church & Saint Peter's Cofe Primary School
- 1.6kmRothley Church of England Primary School
- 2.5kmSwithland St Leonard's Church of England Primary School
- 3.7kmRawlins
- 3.8kmThe Cedars Academy
- 4.4kmHumphrey Perkins School
More reading links
Public Transport Nearby
From 5, Irons Close, Loughborough, the nearest station is Sileby, 3.0 kilometres away.
- 3.0kmSileby
- 3.9kmBarrow-upon-Soar
- 5.0kmSyston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
