3, BANBURY DRIVE, SHEPSHED, LOUGHBOROUGH, LE12 9PL - £141,000

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

3 BANBURY DRIVE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £141,000 in July 2007, which was around 45% below the average July 2007 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.

3 BANBURY DRIVE Sold Prices

Land registry data shows three sales for 3 BANBURY DRIVE 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 3 BANBURY 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
2007 27 JUL	£141,000	£257,171	45% below HPI
2006 15 DEC	£124,000	£249,493	50% below HPI
2001 27 NOV	£67,000	£136,908	51% below HPI

3 BANBURY 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 three 3 BANBURY DRIVE sales between November 2001 and July 2007 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 December 2006 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2007 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 3 BANBURY DRIVE?

3 BANBURY DRIVE is 72m² according to the EPC inspection conducted in November 2010. 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 3 BANBURY DRIVE lies on this distribution: 11% of detached houses are smaller than 3 BANBURY DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

3 BANBURY DRIVE: Plot and Title Map

3 BANBURY DRIVE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 3 BANBURY 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 3 BANBURY 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 3 BANBURY DRIVE?

3 BANBURY DRIVE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 3 on BANBURY DRIVE.