4, MORLEY LANE, SHEPSHED, LOUGHBOROUGH, LE12 9EU - £195,000

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

4 MORLEY LANE is a large extended detached house of 116m², built sometime between 1900 and 1929. It was last sold for £195,000 in June 2012, which was around 19% below the average June 2012 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

4 MORLEY LANE Sold Prices

Land registry data shows two sales for 4 MORLEY LANE 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 4 MORLEY LANE 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
2012 21 JUN	£195,000	£239,932	19% below HPI
1998 23 DEC	£77,000	£94,511	19% below HPI

4 MORLEY LANE 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 4 MORLEY LANE sales from December 1998 and June 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 December 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2012 sale, which was also at 19% below the HPI.

How Large is 4 MORLEY LANE?

4 MORLEY LANE is 116m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 4 MORLEY LANE lies on this distribution: 60% of detached houses are smaller than 4 MORLEY LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

4 MORLEY LANE: Plot and Title Map

4 MORLEY LANE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 4 MORLEY LANE, 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 4 MORLEY LANE). 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 4 MORLEY LANE?

4 MORLEY LANE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 4 on MORLEY LANE.