47, CHAPEL STREET, SHEPSHED, LOUGHBOROUGH, LE12 9AF - £165,000

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.

47 CHAPEL STREET is a very small detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £206,338. It was last sold for £165,000 in January 2019, which was around 50% below the average January 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

47 CHAPEL STREET Sold Prices

Land registry data shows two sales for 47 CHAPEL STREET 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 47 CHAPEL STREET 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
2019 31 JAN	£165,000	£332,835	50% below HPI
2016 8 JUL	£135,000	£283,185	52% below HPI

47 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 two 47 CHAPEL STREET sales from July 2016 and January 2019 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 July 2016 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the January 2019 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 47 CHAPEL STREET be worth now?

47 CHAPEL STREET might now be worth an estimated £206,338.

This is based on house price inflation of 25.1%, between January 2019 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 25.1% inflationary increase is applied to the most recent sale price for 47 CHAPEL STREET of £165,000 on 31st January 2019. For the value to have increased from £165,000 to £206,338 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 47 CHAPEL STREET has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The January 2019 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 47 CHAPEL STREET has not materially changed since January 2019.

How Large is 47 CHAPEL STREET?

47 CHAPEL STREET is 64m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% 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 47 CHAPEL STREET lies on this distribution: 5% of detached houses houses are smaller than 47 CHAPEL STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

47 CHAPEL STREET: Plot and Title Map

47 CHAPEL STREET sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 47 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 47 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 47 CHAPEL STREET?

47 CHAPEL STREET is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 47 on CHAPEL STREET.