5, BALMORAL AVENUE, SHEPSHED, LOUGHBOROUGH, LE12 9PX - £152,500

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.

5 BALMORAL AVENUE is a very small extended detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £261,658. It was last sold for £152,500 in August 2013, which was around 37% below the average August 2013 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

5 BALMORAL AVENUE Sold Prices

Land registry data shows four sales for 5 BALMORAL AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 5 BALMORAL AVENUE 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
2013 29 AUG	£152,500	£242,583	37% below HPI
2001 16 JUL	£87,950	£127,769	31% below HPI
1999 13 DEC	£73,000	£107,049	32% below HPI
1996 28 JUN	£51,000	£79,169	36% below HPI

5 BALMORAL AVENUE 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 four 5 BALMORAL AVENUE sales between June 1996 and August 2013 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 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2013 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 5 BALMORAL AVENUE be worth now?

5 BALMORAL AVENUE might now be worth an estimated £261,658.

This is based on house price inflation of 71.6%, between August 2013 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 71.6% inflationary increase is applied to the most recent sale price for 5 BALMORAL AVENUE of £152,500 on 29th August 2013. For the value to have increased from £152,500 to £261,658 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 5 BALMORAL AVENUE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 2013 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 5 BALMORAL AVENUE has not materially changed since August 2013.

How Large is 5 BALMORAL AVENUE?

5 BALMORAL AVENUE is 79m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% 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 5 BALMORAL AVENUE lies on this distribution: 16% of detached houses houses are smaller than 5 BALMORAL AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

5 BALMORAL AVENUE: Plot and Title Map

5 BALMORAL AVENUE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 5 BALMORAL AVENUE, 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 5 BALMORAL AVENUE). 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 5 BALMORAL AVENUE?

5 BALMORAL AVENUE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 5 on BALMORAL AVENUE.