49, SPRING CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9JD - £190,000

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

49 SPRING CLOSE is a very small semi-detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £197,030. It was last sold for £190,000 in May 2024, which was around 24% below the average May 2024 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

49 SPRING CLOSE Sold Prices

Land registry data shows two sales for 49 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 49 SPRING 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
2024 1 MAY	£190,000	£251,151	24% below HPI
1997 15 AUG	£50,000	£53,576	7% below HPI

49 SPRING CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 49 SPRING CLOSE sales from August 1997 and May 2024 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 August 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 49 SPRING CLOSE be worth now?

49 SPRING CLOSE might now be worth an estimated £197,030.

This is based on house price inflation of 3.7%, between May 2024 and December 2024, for semi-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 3.7% inflationary increase is applied to the most recent sale price for 49 SPRING CLOSE of £190,000 on 1st May 2024. For the value to have increased from £190,000 to £197,030 over the five months to December 2024, the following assumptions must hold true:

• The value of 49 SPRING CLOSE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The May 2024 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 49 SPRING CLOSE has not materially changed since May 2024.

How Large is 49 SPRING CLOSE?

49 SPRING CLOSE is 68m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of semi-detached houses houses in Shepshed, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shepshed, and where 49 SPRING CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 49 SPRING CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

49 SPRING CLOSE: Plot and Title Map

49 SPRING CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 49 SPRING 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 49 SPRING 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 49 SPRING CLOSE?

49 SPRING CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 49 on SPRING CLOSE.