11, BALMORAL AVENUE, SHEPSHED, LOUGHBOROUGH, LE12 9PX - £252,000

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

11 BALMORAL AVENUE is a very small extended detached house of 76m², built sometime between 1967 and 1975. It was last sold for £252,000 in September 2021, which was around 30% below the average September 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

11 BALMORAL AVENUE Sold Prices

Land registry data shows four sales for 11 BALMORAL AVENUE 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 11 BALMORAL AVENUE 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
2021 3 SEP	£252,000	£360,770	30% below HPI
2016 26 AUG	£187,500	£289,896	35% below HPI
2010 29 APR	£157,000	£236,479	34% below HPI
1995 15 DEC	£58,000	£82,791	30% below HPI

11 BALMORAL AVENUE 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 11 BALMORAL AVENUE sales between December 1995 and September 2021 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 August 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 11 BALMORAL AVENUE?

11 BALMORAL AVENUE is 76m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 11 BALMORAL AVENUE lies on this distribution: 13% of detached houses are smaller than 11 BALMORAL AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

11 BALMORAL AVENUE: Plot and Title Map

11 BALMORAL AVENUE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 11 BALMORAL AVENUE, 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 11 BALMORAL AVENUE). 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 11 BALMORAL AVENUE?

11 BALMORAL AVENUE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 11 on BALMORAL AVENUE.