2, WOOD CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9JU - £225,000

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 WOOD CLOSE is a small extended detached house of 84m², built sometime between 1976 and 1982. It was last sold for £225,000 in April 2017, which was around 24% below the average April 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

2 WOOD CLOSE Sold Prices

Land registry data shows three sales for 2 WOOD CLOSE 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 WOOD 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
2017 12 APR	£225,000	£297,438	24% below HPI
2012 10 FEB	£167,500	£230,611	27% below HPI
2006 8 NOV	£183,000	£245,305	25% below HPI

2 WOOD 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 three 2 WOOD CLOSE sales between November 2006 and April 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 February 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 WOOD CLOSE?

2 WOOD CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% 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 WOOD CLOSE lies on this distribution: 20% of detached houses are smaller than 2 WOOD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

2 WOOD CLOSE: Plot and Title Map

2 WOOD CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 2 WOOD 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 WOOD 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 WOOD CLOSE?

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