2, THE PADDOCK, SHEPSHED, LOUGHBOROUGH, LE12 9AY - £230,000

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

2 THE PADDOCK is a midsized detached house of 100m², built sometime between 1950 and 1966. It was last sold for £230,000 in August 2021, which was around 36% below the average August 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

2 THE PADDOCK Sold Prices

Land registry data shows two sales for 2 THE PADDOCK 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 2 THE PADDOCK 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
2021 26 AUG	£230,000	£360,128	36% below HPI
2002 31 MAY	£90,000	£150,548	40% below HPI

2 THE PADDOCK 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 2 THE PADDOCK sales from May 2002 and August 2021 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 THE PADDOCK?

2 THE PADDOCK is 100m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 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 THE PADDOCK lies on this distribution: 41% of detached houses are smaller than 2 THE PADDOCK, and 59% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

2 THE PADDOCK: Plot and Title Map

2 THE PADDOCK sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 2 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

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