2, WOODLANDS DRIVE, SHEPSHED, LOUGHBOROUGH, LE12 9SD - £318,000

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 WOODLANDS DRIVE is a midsized extended detached house of 100m², built sometime between 1976 and 1982, which could now be worth an estimated £329,403. It was last sold for £318,000 in May 2024, which was around 20% below the average May 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

2 WOODLANDS DRIVE Sold Prices

Land registry data shows two sales for 2 WOODLANDS 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 WOODLANDS 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
2024 3 MAY	£318,000	£397,790	20% below HPI
2017 27 OCT	£223,500	£302,450	26% below HPI

2 WOODLANDS 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 WOODLANDS DRIVE sales from October 2017 and May 2024 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 October 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 WOODLANDS DRIVE be worth now?

2 WOODLANDS DRIVE might now be worth an estimated £329,403.

This is based on house price inflation of 3.6%, between May 2024 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 3.6% inflationary increase is applied to the most recent sale price for 2 WOODLANDS DRIVE of £318,000 on 3rd May 2024. For the value to have increased from £318,000 to £329,403 over the five months to December 2024, the following assumptions must hold true:

• The value of 2 WOODLANDS DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The May 2024 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODLANDS DRIVE has not materially changed since May 2024.

How Large is 2 WOODLANDS DRIVE?

2 WOODLANDS DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 50% 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 WOODLANDS DRIVE lies on this distribution: 41% of detached houses houses are smaller than 2 WOODLANDS DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

2 WOODLANDS DRIVE: Plot and Title Map

2 WOODLANDS DRIVE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 2 WOODLANDS 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 WOODLANDS 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 WOODLANDS DRIVE?

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