16, BANBURY DRIVE, SHEPSHED, LOUGHBOROUGH, LE12 9PL - £186,000

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

16 BANBURY DRIVE is a small extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £186,000 in February 2015, which was around 29% below the average February 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

16 BANBURY DRIVE Sold Prices

Land registry data shows three sales for 16 BANBURY DRIVE 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 16 BANBURY 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
2015 13 FEB	£186,000	£262,117	29% below HPI
2004 28 JUN	£185,000	£221,322	16% below HPI
2000 10 JUN	£94,500	£112,929	16% below HPI

16 BANBURY 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 three 16 BANBURY DRIVE sales between June 2000 and February 2015 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 June 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 16 BANBURY DRIVE?

16 BANBURY DRIVE is 99m², which includes three extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 16 BANBURY DRIVE lies on this distribution: 39% of detached houses are smaller than 16 BANBURY DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

16 BANBURY DRIVE: Plot and Title Map

16 BANBURY DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 16 BANBURY 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 16 BANBURY 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 16 BANBURY DRIVE?

16 BANBURY DRIVE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 16 on BANBURY DRIVE.