2, WIGHTMAN CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9NQ - £140,000

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

2 WIGHTMAN CLOSE is a very small detached house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £264,195. It was last sold for £140,000 in May 2009, which was around 36% below the average May 2009 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

2 WIGHTMAN CLOSE Sold Prices

Land registry data shows two sales for 2 WIGHTMAN CLOSE 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 WIGHTMAN CLOSE 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
2009 29 MAY	£140,000	£218,352	36% below HPI
2007 26 JAN	£142,000	£245,906	42% below HPI

2 WIGHTMAN CLOSE 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 WIGHTMAN CLOSE sales from January 2007 and May 2009 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 January 2007 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2009 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 WIGHTMAN CLOSE be worth now?

2 WIGHTMAN CLOSE might now be worth an estimated £264,195.

This is based on house price inflation of 88.7%, between May 2009 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 88.7% inflationary increase is applied to the most recent sale price for 2 WIGHTMAN CLOSE of £140,000 on 29th May 2009. For the value to have increased from £140,000 to £264,195 over the fourteen years and five months to December 2024, the following assumptions must hold true:

• The value of 2 WIGHTMAN CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The May 2009 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WIGHTMAN CLOSE has not materially changed since May 2009.

How Large is 2 WIGHTMAN CLOSE?

2 WIGHTMAN CLOSE is 66m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 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 2 WIGHTMAN CLOSE lies on this distribution: 7% of detached houses houses are smaller than 2 WIGHTMAN CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

2 WIGHTMAN CLOSE: Plot and Title Map

2 WIGHTMAN CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 2 WIGHTMAN 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 2 WIGHTMAN 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 2 WIGHTMAN CLOSE?

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