2, TRUEWAY DRIVE, SHEPSHED, LOUGHBOROUGH, LE12 9DU - £238,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 TRUEWAY DRIVE is a small detached house of 98m², built sometime between 1976 and 1982. It was last sold for £238,000 in August 2016, which was around 18% below the average August 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was B.

2 TRUEWAY DRIVE Sold Prices

Land registry data shows two sales for 2 TRUEWAY DRIVE 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 TRUEWAY DRIVE 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
2016 5 AUG	£238,000	£289,896	18% below HPI
2004 30 JUL	£178,950	£222,940	20% below HPI

2 TRUEWAY DRIVE 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 TRUEWAY DRIVE sales from July 2004 and August 2016 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 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 TRUEWAY DRIVE?

2 TRUEWAY DRIVE is 98m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% 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 TRUEWAY DRIVE lies on this distribution: 38% of detached houses are smaller than 2 TRUEWAY DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

2 TRUEWAY DRIVE: Plot and Title Map

2 TRUEWAY DRIVE sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 2 TRUEWAY DRIVE, 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 TRUEWAY DRIVE). 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 TRUEWAY DRIVE?

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