3, HEATHER CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9FW - £265,000

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

3 HEATHER CLOSE is a small detached house of 91m². It was last sold for £265,000 in April 2024, which was around 34% below the average April 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

3 HEATHER CLOSE Sold Prices

Land registry data shows two sales for 3 HEATHER CLOSE 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 3 HEATHER CLOSE 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 5 APR	£265,000	£402,427	34% below HPI
2020 14 MAY	£243,500	£336,203	28% below HPI

3 HEATHER CLOSE 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 3 HEATHER CLOSE sales from May 2020 and April 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 May 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2024 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 HEATHER CLOSE?

3 HEATHER CLOSE is 91m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% 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 HEATHER CLOSE lies on this distribution: 27% of detached houses are smaller than 3 HEATHER CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

3 HEATHER CLOSE: Plot and Title Map

3 HEATHER CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 3 HEATHER CLOSE, 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 HEATHER CLOSE). 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 HEATHER CLOSE?

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