37, SPRINGFIELD ROAD, SHEPSHED, LOUGHBOROUGH, LE12 9QW - £145,000

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

37 SPRINGFIELD ROAD is a very small extended semi-detached house of 80m², built sometime between 1996 and 2002. It was last sold for £145,000 in July 2011, which was around 40% below the average July 2011 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

37 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 37 SPRINGFIELD ROAD 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 37 SPRINGFIELD ROAD 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
2011 4 JUL	£145,000	£242,626	40% below HPI
2001 21 SEP	£72,500	£133,115	46% below HPI

37 SPRINGFIELD ROAD 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 37 SPRINGFIELD ROAD sales from September 2001 and July 2011 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 September 2001 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2011 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 37 SPRINGFIELD ROAD?

37 SPRINGFIELD ROAD is 80m², which includes one extension, according to the EPC inspection conducted in July 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 37 SPRINGFIELD ROAD lies on this distribution: 18% of detached houses are smaller than 37 SPRINGFIELD ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

37 SPRINGFIELD ROAD: Plot and Title Map

37 SPRINGFIELD ROAD sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 37 SPRINGFIELD ROAD, 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 37 SPRINGFIELD ROAD). 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 37 SPRINGFIELD ROAD?

37 SPRINGFIELD ROAD is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 37 on SPRINGFIELD ROAD.