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

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 WOODLANDS DRIVE is a midsized extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £318,000 in May 2024, which was around 23% 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	£412,220	23% below HPI
2017 27 OCT	£223,500	£306,592	27% 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2024 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

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 in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 2 WOODLANDS DRIVE lies on this distribution: 41% of detached 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.