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

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 PIPER CLOSE is a large extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £269,500 in August 2020, which was around 20% 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	£336,591	20% below HPI
1998 24 NOV	£77,950	£93,929	17% 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

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 in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 4 PIPER CLOSE lies on this distribution: 73% of detached 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.