16, NEW WALKS, SHEPSHED, LOUGHBOROUGH, LE12 9AP - £365,000

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

16 NEW WALKS is a very large extended detached house of 152m², built sometime between 1930 and 1949, which could now be worth an estimated £452,567. It was last sold for £365,000 in December 2019, which was around 10% above the average December 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

16 NEW WALKS Sold Prices

Land registry data shows two sales for 16 NEW WALKS 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 16 NEW WALKS sales were for above 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 6 DEC	£365,000	£332,326	10% above HPI
2003 4 DEC	£281,000	£207,985	35% above HPI

16 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 two 16 NEW WALKS sales from December 2003 and December 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 2003 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the December 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 16 NEW WALKS be worth now?

16 NEW WALKS might now be worth an estimated £452,567.

This is based on house price inflation of 24%, between December 2019 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 24% inflationary increase is applied to the most recent sale price for 16 NEW WALKS of £365,000 on 6th December 2019. For the value to have increased from £365,000 to £452,567 over the five years to December 2024, the following assumptions must hold true:

• The value of 16 NEW WALKS has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The December 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 16 NEW WALKS has not materially changed since December 2019.

How Large is 16 NEW WALKS?

16 NEW WALKS is 152m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% 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 16 NEW WALKS lies on this distribution: 91% of detached houses houses are smaller than 16 NEW WALKS, and 9% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

16 NEW WALKS: Plot and Title Map

16 NEW WALKS sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 16 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 16 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 16 NEW WALKS?

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