1B, NEW WALKS, SHEPSHED, LOUGHBOROUGH, LE12 9AP - £405,000

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

1B NEW WALKS is a very large detached house of 218m², built sometime from 2007 onwards, which could now be worth an estimated £544,579. It was last sold for £405,000 in September 2017, which was around 32% above the average September 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was B.

1B NEW WALKS Sold Prices

Land registry data shows two sales for 1B 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 1B 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
2017 8 SEP	£405,000	£306,442	32% above HPI
2013 15 MAR	£322,500	£237,964	36% above HPI

1B 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 1B NEW WALKS sales from March 2013 and September 2017 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 2013 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2017 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 1B NEW WALKS be worth now?

1B NEW WALKS might now be worth an estimated £544,579.

This is based on house price inflation of 34.5%, between September 2017 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 34.5% inflationary increase is applied to the most recent sale price for 1B NEW WALKS of £405,000 on 8th September 2017. For the value to have increased from £405,000 to £544,579 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of 1B NEW WALKS has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The September 2017 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 1B NEW WALKS has not materially changed since September 2017.

How Large is 1B NEW WALKS?

1B NEW WALKS is 218m² according to the EPC inspection conducted in August 2009. 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 1B NEW WALKS lies on this distribution: 98% of detached houses houses are smaller than 1B NEW WALKS, and 2% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

1B NEW WALKS: Plot and Title Map

1B NEW WALKS sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of 1B 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 1B 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 1B NEW WALKS?

1B NEW WALKS is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 1B on NEW WALKS.