4, PIPER CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9TF - £269,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 PIPER CLOSE is a large extended detached house of 128m², built sometime between 1976 and 1982, which could now be worth an estimated £334,439. It was last sold for £269,500 in August 2020, which was around 19% below the average August 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

4 PIPER CLOSE Sold Prices

Land registry data shows two sales for 4 PIPER CLOSE 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 PIPER CLOSE 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
2020 28 AUG	£269,500	£332,044	19% below HPI
1998 24 NOV	£77,950	£92,660	16% below HPI

4 PIPER CLOSE 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 PIPER CLOSE sales from November 1998 and August 2020 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 November 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 4 PIPER CLOSE be worth now?

4 PIPER CLOSE might now be worth an estimated £334,439.

This is based on house price inflation of 24.1%, between August 2020 and December 2024, 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 24.1% inflationary increase is applied to the most recent sale price for 4 PIPER CLOSE of £269,500 on 28th August 2020. For the value to have increased from £269,500 to £334,439 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 PIPER CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 2020 sale price of £269,500 represented a fair market value for the property.
• The size, condition, and specification of 4 PIPER CLOSE has not materially changed since August 2020.

How Large is 4 PIPER CLOSE?

4 PIPER CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in September 2019. 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 4 PIPER CLOSE lies on this distribution: 73% of detached houses houses are smaller than 4 PIPER CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

4 PIPER CLOSE: Plot and Title Map

4 PIPER CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 4 PIPER CLOSE, 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 PIPER CLOSE). 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 PIPER CLOSE?

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