29, PENRITH AVENUE, SHEPSHED, LOUGHBOROUGH, LE12 9NB - £166,000

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

29 PENRITH AVENUE is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £166,000 in May 2012, which was around 30% below the average May 2012 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was C.

29 PENRITH AVENUE Sold Prices

Land registry data shows three sales for 29 PENRITH AVENUE 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 29 PENRITH AVENUE 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 1 MAY	£166,000	£237,292	30% below HPI
2004 5 APR	£148,225	£216,482	32% below HPI
2002 11 JAN	£93,000	£142,227	35% below HPI

29 PENRITH AVENUE 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 29 PENRITH AVENUE sales between January 2002 and May 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 April 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2012 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 29 PENRITH AVENUE?

29 PENRITH AVENUE is 72m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 29 PENRITH AVENUE lies on this distribution: 11% of detached houses are smaller than 29 PENRITH AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

29 PENRITH AVENUE: Plot and Title Map

29 PENRITH AVENUE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 29 PENRITH AVENUE, 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 29 PENRITH AVENUE). 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 29 PENRITH AVENUE?

29 PENRITH AVENUE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 29 on PENRITH AVENUE.