1, ROMWAY CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9DT - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ROMWAY CLOSE is a large extended detached house of 132m², built sometime between 1983 and 1990. It was last sold for £290,000 in February 2020, which was around 13% below the average February 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

1 ROMWAY CLOSE Sold Prices

Land registry data shows two sales for 1 ROMWAY 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 1 ROMWAY 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
2020 21 FEB	£290,000	£334,305	13% below HPI
2001 11 MAY	£119,000	£125,278	5% below HPI

1 ROMWAY CLOSE 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 two 1 ROMWAY CLOSE sales from May 2001 and February 2020 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 May 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 ROMWAY CLOSE?

1 ROMWAY CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 1 ROMWAY CLOSE lies on this distribution: 77% of detached houses are smaller than 1 ROMWAY CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

1 ROMWAY CLOSE: Plot and Title Map

1 ROMWAY CLOSE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 1 ROMWAY CLOSE, 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 1 ROMWAY CLOSE). 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 1 ROMWAY CLOSE?

1 ROMWAY CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 1 on ROMWAY CLOSE.