21, SMITHY WAY, SHEPSHED, LOUGHBOROUGH, LE12 9TQ - £205,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

21 SMITHY WAY is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £205,000 in February 2012, which was around 11% below the average February 2012 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

21 SMITHY WAY Sold Prices

Land registry data shows two sales for 21 SMITHY WAY 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 21 SMITHY WAY 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
2012 10 FEB	£205,000	£230,611	11% below HPI
1997 9 SEP	£72,000	£90,900	21% below HPI

21 SMITHY WAY 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 21 SMITHY WAY sales from September 1997 and February 2012 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 September 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2012 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 21 SMITHY WAY?

21 SMITHY WAY is 110m², which includes two extensions, according to the EPC inspection conducted in February 2010. This puts it in the largest 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 21 SMITHY WAY lies on this distribution: 52% of detached houses are smaller than 21 SMITHY WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

21 SMITHY WAY: Plot and Title Map

21 SMITHY WAY sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 21 SMITHY WAY, 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 21 SMITHY WAY). 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 21 SMITHY WAY?

21 SMITHY WAY is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 21 on SMITHY WAY.