48, BUTTERCUP LANE, SHEPSHED, LOUGHBOROUGH, LE12 9QA - £280,000

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

48 BUTTERCUP LANE is a small detached house of 91m². It was last sold for £280,000 in September 2023, which was around 32% below the average September 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was A.

48 BUTTERCUP LANE Sold Prices

Land registry data shows two sales for 48 BUTTERCUP 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 48 BUTTERCUP 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
2023 29 SEP	£280,000	£413,665	32% below HPI
2018 22 JUN	£235,000	£322,284	27% below HPI

48 BUTTERCUP 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 48 BUTTERCUP LANE sales from June 2018 and September 2023 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 June 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 48 BUTTERCUP LANE?

48 BUTTERCUP LANE is 91m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 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 48 BUTTERCUP LANE lies on this distribution: 27% of detached houses are smaller than 48 BUTTERCUP LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

48 BUTTERCUP LANE: Plot and Title Map

48 BUTTERCUP LANE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 48 BUTTERCUP 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 48 BUTTERCUP 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 48 BUTTERCUP LANE?

48 BUTTERCUP LANE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 48 on BUTTERCUP LANE.