2, PURLEY RISE, SHEPSHED, LOUGHBOROUGH, LE12 9JT - £265,000

2 PURLEY RISE is a very small detached house of 64m², built sometime between 1991 and 1995. It was last sold for £265,000 in April 2023, which was around 35% below the average April 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

2 PURLEY RISE Sold Prices

Land registry data shows four sales for 2 PURLEY RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 2 PURLEY RISE 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
2023 6 APR	£265,000	£409,819	35% below HPI
2023 3 FEB	£265,000	£419,895	37% below HPI
2013 1 FEB	£190,000	£241,809	21% below HPI
2003 24 JAN	£140,000	£185,748	25% below HPI

2 PURLEY RISE 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 four 2 PURLEY RISE sales between January 2003 and April 2023 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 February 2023 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 PURLEY RISE?

2 PURLEY RISE is 64m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 2 PURLEY RISE lies on this distribution: 5% of detached houses are smaller than 2 PURLEY RISE, and 95% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

2 PURLEY RISE: Plot and Title Map

2 PURLEY RISE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 2 PURLEY RISE, 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 2 PURLEY RISE). 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 2 PURLEY RISE?

2 PURLEY RISE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 2 on PURLEY RISE.