229, FAIRWAY ROAD SOUTH, SHEPSHED, LOUGHBOROUGH, LE12 9HA - £147,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

229 FAIRWAY ROAD SOUTH is a very small detached house of 53m², built sometime between 1976 and 1982, which could now be worth an estimated £214,674. It was last sold for £147,500 in August 2016, which was around 48% below the average August 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

229 FAIRWAY ROAD SOUTH Sold Prices

Land registry data shows two sales for 229 FAIRWAY ROAD SOUTH 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 229 FAIRWAY ROAD SOUTH 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
2016 19 AUG	£147,500	£285,980	48% below HPI
1999 19 MAR	£48,000	£94,977	49% below HPI

229 FAIRWAY ROAD SOUTH 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 229 FAIRWAY ROAD SOUTH sales from March 1999 and August 2016 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 March 1999 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the August 2016 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 229 FAIRWAY ROAD SOUTH be worth now?

229 FAIRWAY ROAD SOUTH might now be worth an estimated £214,674.

This is based on house price inflation of 45.5%, between August 2016 and February 2025, 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 45.5% inflationary increase is applied to the most recent sale price for 229 FAIRWAY ROAD SOUTH of £147,500 on 19th August 2016. For the value to have increased from £147,500 to £214,674 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 229 FAIRWAY ROAD SOUTH has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 2016 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 229 FAIRWAY ROAD SOUTH has not materially changed since August 2016.

How Large is 229 FAIRWAY ROAD SOUTH?

229 FAIRWAY ROAD SOUTH is 53m² according to the EPC inspection conducted in April 2016. 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 229 FAIRWAY ROAD SOUTH lies on this distribution: 1% of detached houses houses are smaller than 229 FAIRWAY ROAD SOUTH, and 98% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

229 FAIRWAY ROAD SOUTH: Plot and Title Map

229 FAIRWAY ROAD SOUTH sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 229 FAIRWAY ROAD SOUTH, 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 229 FAIRWAY ROAD SOUTH). 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 229 FAIRWAY ROAD SOUTH?

229 FAIRWAY ROAD SOUTH is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 229 on FAIRWAY ROAD SOUTH.