39, CHAPEL STREET, SHEPSHED, LOUGHBOROUGH, LE12 9AF - £174,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

39 CHAPEL STREET is a large detached house of 124m², built sometime between 1976 and 1982, which could now be worth an estimated £318,455. It was last sold for £174,500 in March 2012, which was around 23% below the average March 2012 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

39 CHAPEL STREET Sold Prices

Land registry data shows three sales for 39 CHAPEL STREET 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 39 CHAPEL STREET 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
2012 2 MAR	£174,500	£228,072	23% below HPI
2007 25 MAY	£105,000	£251,564	58% below HPI
2001 20 APR	£125,000	£120,951	3% above HPI

39 CHAPEL STREET 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 39 CHAPEL STREET sales between April 2001 and March 2012 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 2007 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the March 2012 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 39 CHAPEL STREET be worth now?

39 CHAPEL STREET might now be worth an estimated £318,455.

This is based on house price inflation of 82.5%, between March 2012 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 82.5% inflationary increase is applied to the most recent sale price for 39 CHAPEL STREET of £174,500 on 2nd March 2012. For the value to have increased from £174,500 to £318,455 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 39 CHAPEL STREET has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The March 2012 sale price of £174,500 represented a fair market value for the property.
• The size, condition, and specification of 39 CHAPEL STREET has not materially changed since March 2012.

How Large is 39 CHAPEL STREET?

39 CHAPEL STREET is 124m² according to the EPC inspection conducted in June 2011. This puts it in the largest 30% of detached houses houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shepshed, and where 39 CHAPEL STREET lies on this distribution: 71% of detached houses houses are smaller than 39 CHAPEL STREET, and 29% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

39 CHAPEL STREET: Plot and Title Map

39 CHAPEL STREET sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 39 CHAPEL STREET, 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 39 CHAPEL STREET). 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 39 CHAPEL STREET?

39 CHAPEL STREET is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 39 on CHAPEL STREET.