11, NEWARK CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9PJ - £342,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 NEWARK CLOSE is a large extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £342,500 in June 2021, which was around 4% below the average June 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

11 NEWARK CLOSE Sold Prices

Land registry data shows six sales for 11 NEWARK CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Most of the six 11 NEWARK 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
2021 4 JUN	£342,500	£358,533	4% below HPI
2015 28 MAY	£243,000	£269,560	10% below HPI
2010 15 APR	£205,000	£236,479	13% below HPI
2009 21 SEP	£142,000	£230,571	38% below HPI
2003 29 AUG	£179,950	£204,912	12% below HPI
1995 6 OCT	£83,000	£81,938	1% above HPI

11 NEWARK 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 six 11 NEWARK CLOSE sales between October 1995 and June 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 May 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 11 NEWARK CLOSE?

11 NEWARK CLOSE is 118m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 40% 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 NEWARK CLOSE lies on this distribution: 63% of detached houses are smaller than 11 NEWARK CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

11 NEWARK CLOSE: Plot and Title Map

11 NEWARK CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 11 NEWARK 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 11 NEWARK 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 11 NEWARK CLOSE?

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