47, NORTHWOOD DRIVE, SHEPSHED, LOUGHBOROUGH, LE12 9SL - £218,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

47 NORTHWOOD DRIVE is a midsized detached house of 104m², built sometime between 1967 and 1975. It was last sold for £218,000 in August 2016, which was around 25% below the average August 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

47 NORTHWOOD DRIVE Sold Prices

Land registry data shows two sales for 47 NORTHWOOD DRIVE 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 NORTHWOOD DRIVE 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
2016 5 AUG	£218,000	£289,896	25% below HPI
2007 27 JUL	£191,000	£257,171	26% below HPI

47 NORTHWOOD DRIVE 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 NORTHWOOD DRIVE sales from July 2007 and August 2016 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 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 47 NORTHWOOD DRIVE?

47 NORTHWOOD DRIVE is 104m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 47 NORTHWOOD DRIVE lies on this distribution: 44% of detached houses are smaller than 47 NORTHWOOD DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

47 NORTHWOOD DRIVE: Plot and Title Map

47 NORTHWOOD DRIVE sits on a plot of roughly 0.078 of an acre, or 318m². The below map shows the location of 47 NORTHWOOD DRIVE, 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 NORTHWOOD DRIVE). 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 NORTHWOOD DRIVE?

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