12, NEW WALKS, SHEPSHED, LOUGHBOROUGH, LE12 9AP - £157,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 NEW WALKS is a small extended detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £270,579. It was last sold for £157,000 in August 2011, which was around 34% below the average August 2011 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

12 NEW WALKS Sold Prices

Land registry data shows three sales for 12 NEW WALKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 12 NEW WALKS 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
2011 5 AUG	£157,000	£239,089	34% below HPI
2010 12 OCT	£140,000	£243,898	43% below HPI
2007 20 DEC	£145,000	£254,432	43% below HPI

12 NEW WALKS 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 three 12 NEW WALKS sales between December 2007 and August 2011 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 October 2010 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2011 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 12 NEW WALKS be worth now?

12 NEW WALKS might now be worth an estimated £270,579.

This is based on house price inflation of 72.3%, between August 2011 and December 2024, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.3% inflationary increase is applied to the most recent sale price for 12 NEW WALKS of £157,000 on 5th August 2011. For the value to have increased from £157,000 to £270,579 over the twelve years and eight months to December 2024, the following assumptions must hold true:

• The value of 12 NEW WALKS has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 2011 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NEW WALKS has not materially changed since August 2011.

How Large is 12 NEW WALKS?

12 NEW WALKS is 99m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shepshed, and where 12 NEW WALKS lies on this distribution: 39% of detached houses houses are smaller than 12 NEW WALKS, and 59% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

12 NEW WALKS: Plot and Title Map

12 NEW WALKS sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 12 NEW WALKS, 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 12 NEW WALKS). 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 12 NEW WALKS?

12 NEW WALKS is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 12 on NEW WALKS.