31, PARADISE CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9PG - £312,000

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

31 PARADISE CLOSE is a large extended detached house of 125m², built sometime from 2007 onwards. It was last sold for £312,000 in December 2020, which was around 14% below the average December 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was B.

31 PARADISE CLOSE Sold Prices

Land registry data shows three sales for 31 PARADISE CLOSE 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. Two of the three 31 PARADISE CLOSE sales were for below the average price, whilst one was for above 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
2020 4 DEC	£312,000	£362,628	14% below HPI
2010 26 MAR	£230,000	£241,770	5% below HPI
2008 25 JAN	£297,000	£253,844	17% above HPI

31 PARADISE 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 three 31 PARADISE CLOSE sales between January 2008 and December 2020 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 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 31 PARADISE CLOSE?

31 PARADISE CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 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 31 PARADISE CLOSE lies on this distribution: 71% of detached houses are smaller than 31 PARADISE CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

31 PARADISE CLOSE: Plot and Title Map

31 PARADISE CLOSE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 31 PARADISE 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 31 PARADISE 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 31 PARADISE CLOSE?

31 PARADISE CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 31 on PARADISE CLOSE.