38, HATHERN ROAD, SHEPSHED, LOUGHBOROUGH, LE12 9RP - £275,000

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

38 HATHERN ROAD is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £275,000 in March 2024, which was around 33% below the average March 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

38 HATHERN ROAD Sold Prices

Land registry data shows four sales for 38 HATHERN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 38 HATHERN 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
2024 13 MAR	£275,000	£409,004	33% below HPI
2017 9 JUN	£230,000	£297,710	23% below HPI
2010 11 JUN	£176,000	£240,531	27% below HPI
2007 29 JUN	£185,000	£253,761	27% below HPI

38 HATHERN 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 four 38 HATHERN ROAD sales between June 2007 and March 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 June 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2024 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 38 HATHERN ROAD?

38 HATHERN ROAD is 69m² according to the EPC inspection conducted in October 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 38 HATHERN ROAD lies on this distribution: 9% of detached houses are smaller than 38 HATHERN ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

38 HATHERN ROAD: Plot and Title Map

38 HATHERN ROAD sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 38 HATHERN 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 38 HATHERN 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 38 HATHERN ROAD?

38 HATHERN ROAD is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 38 on HATHERN ROAD.