12, PIPER CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9TF - £160,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 PIPER CLOSE is a very small extended semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £206,093. It was last sold for £160,500 in July 2020, which was around 21% below the average July 2020 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

12 PIPER CLOSE Sold Prices

Land registry data shows two sales for 12 PIPER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 12 PIPER 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 17 JUL	£160,500	£204,368	21% below HPI
2015 30 MAR	£135,000	£160,608	16% below HPI

12 PIPER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 12 PIPER CLOSE sales from March 2015 and July 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 March 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 12 PIPER CLOSE be worth now?

12 PIPER CLOSE might now be worth an estimated £206,093.

This is based on house price inflation of 28.4%, between July 2020 and February 2025, for semi-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 28.4% inflationary increase is applied to the most recent sale price for 12 PIPER CLOSE of £160,500 on 17th July 2020. For the value to have increased from £160,500 to £206,093 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 12 PIPER CLOSE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The July 2020 sale price of £160,500 represented a fair market value for the property.
• The size, condition, and specification of 12 PIPER CLOSE has not materially changed since July 2020.

How Large is 12 PIPER CLOSE?

12 PIPER CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of semi-detached houses houses in Shepshed, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shepshed, and where 12 PIPER CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 12 PIPER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

12 PIPER CLOSE: Plot and Title Map

12 PIPER CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 12 PIPER 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 12 PIPER 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 12 PIPER CLOSE?

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