15, CHEVIOT DRIVE, SHEPSHED, LOUGHBOROUGH, LE12 9ED - £269,950

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.

15 CHEVIOT DRIVE is a midsized extended detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £357,602. It was last sold for £269,950 in April 2019, which was around 14% below the average April 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

15 CHEVIOT DRIVE Sold Prices

Land registry data shows two sales for 15 CHEVIOT DRIVE 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 15 CHEVIOT DRIVE 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
2019 15 APR	£269,950	£314,201	14% below HPI
2013 2 DEC	£200,000	£248,282	19% below HPI

15 CHEVIOT DRIVE 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 15 CHEVIOT DRIVE sales from December 2013 and April 2019 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 December 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 15 CHEVIOT DRIVE be worth now?

15 CHEVIOT DRIVE might now be worth an estimated £357,602.

This is based on house price inflation of 32.5%, between April 2019 and February 2025, 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 32.5% inflationary increase is applied to the most recent sale price for 15 CHEVIOT DRIVE of £269,950 on 15th April 2019. For the value to have increased from £269,950 to £357,602 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 15 CHEVIOT DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The April 2019 sale price of £269,950 represented a fair market value for the property.
• The size, condition, and specification of 15 CHEVIOT DRIVE has not materially changed since April 2019.

How Large is 15 CHEVIOT DRIVE?

15 CHEVIOT DRIVE is 113m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 50% 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 15 CHEVIOT DRIVE lies on this distribution: 55% of detached houses houses are smaller than 15 CHEVIOT DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

15 CHEVIOT DRIVE: Plot and Title Map

15 CHEVIOT DRIVE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 15 CHEVIOT DRIVE, 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 15 CHEVIOT DRIVE). 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 15 CHEVIOT DRIVE?

15 CHEVIOT DRIVE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 15 on CHEVIOT DRIVE.