34, PARK RISE, SHEPSHED, LOUGHBOROUGH, LE12 9BA - £267,500

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

34 PARK RISE is a very small detached house of 51m², built sometime between 1950 and 1966. It was last sold for £267,500 in August 2022, which was around 35% below the average August 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.

34 PARK RISE Sold Prices

Land registry data shows two sales for 34 PARK RISE 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 34 PARK RISE 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
2022 15 AUG	£267,500	£408,962	35% below HPI
2016 21 DEC	£162,000	£296,253	45% below HPI

34 PARK RISE 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 34 PARK RISE sales from December 2016 and August 2022 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 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 34 PARK RISE?

34 PARK RISE is 51m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 34 PARK RISE lies on this distribution: 1% of detached houses are smaller than 34 PARK RISE, and 99% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

34 PARK RISE: Plot and Title Map

34 PARK RISE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 34 PARK RISE, 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 34 PARK RISE). 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 34 PARK RISE?

34 PARK RISE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 34 on PARK RISE.