18, PARADISE CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9PG - £230,000

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

18 PARADISE CLOSE is a very large semi-detached house of 156m², built sometime from 2007 onwards, which could now be worth an estimated £343,793. It was last sold for £230,000 in December 2015, which was around 32% above the average December 2015 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

18 PARADISE CLOSE Sold Prices

Land registry data shows two sales for 18 PARADISE 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. One of the two 18 PARADISE CLOSE sales was for above the average price, whilst the other was 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 10 DEC	£230,000	£174,238	32% above HPI
2007 13 JUL	£119,000	£162,161	27% below HPI

18 PARADISE 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 18 PARADISE CLOSE sales from July 2007 and December 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 July 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2015 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 18 PARADISE CLOSE be worth now?

18 PARADISE CLOSE might now be worth an estimated £343,793.

This is based on house price inflation of 49.5%, between December 2015 and December 2024, 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 49.5% inflationary increase is applied to the most recent sale price for 18 PARADISE CLOSE of £230,000 on 10th December 2015. For the value to have increased from £230,000 to £343,793 over the nine years to December 2024, the following assumptions must hold true:

• The value of 18 PARADISE CLOSE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The December 2015 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PARADISE CLOSE has not materially changed since December 2015.

How Large is 18 PARADISE CLOSE?

18 PARADISE CLOSE is 156m² according to the EPC inspection conducted in October 2013. This puts it in the largest 10% 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 18 PARADISE CLOSE lies on this distribution: 91% of semi-detached houses houses are smaller than 18 PARADISE CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

18 PARADISE CLOSE: Plot and Title Map

18 PARADISE CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 18 PARADISE 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 18 PARADISE 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 18 PARADISE CLOSE?

18 PARADISE CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 18 on PARADISE CLOSE.