2, FACTORY STREET, SHEPSHED, LOUGHBOROUGH, LE12 9AQ - £195,300

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

2 FACTORY STREET is a midsized extended detached house of 111m², built sometime before 1900. It was last sold for £195,300 in September 2004, which was around 17% below the average September 2004 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was C.

2 FACTORY STREET Sold Prices

Land registry data shows three sales for 2 FACTORY STREET 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 2 FACTORY STREET 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
2004 23 SEP	£195,300	£234,600	17% below HPI
2002 22 MAY	£120,000	£150,548	20% below HPI
1999 27 AUG	£55,000	£102,116	46% below HPI

2 FACTORY STREET 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 2 FACTORY STREET sales between August 1999 and September 2004 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 May 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2004 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 FACTORY STREET?

2 FACTORY STREET is 111m², which includes four extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 50% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 2 FACTORY STREET lies on this distribution: 52% of detached houses are smaller than 2 FACTORY STREET, and 47% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

2 FACTORY STREET: Plot and Title Map

2 FACTORY STREET sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 2 FACTORY STREET, 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 2 FACTORY STREET). 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 2 FACTORY STREET?

2 FACTORY STREET is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 2 on FACTORY STREET.