5, JOLLY FARMERS LANE, SHEPSHED, LOUGHBOROUGH, LE12 9ET - £578,000

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

5 JOLLY FARMERS LANE is a very large extended detached house of 297m², built sometime before 1900, which could now be worth an estimated £674,351. It was last sold for £578,000 in February 2021, which was around 64% above the average February 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

5 JOLLY FARMERS LANE Sold Prices

Land registry data shows two sales for 5 JOLLY FARMERS 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 5 JOLLY FARMERS LANE sales were for above 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
2021 15 FEB	£578,000	£353,180	64% above HPI
1996 31 JAN	£164,000	£82,311	99% above HPI

5 JOLLY FARMERS 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 5 JOLLY FARMERS LANE sales from January 1996 and February 2021 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 January 1996 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the February 2021 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 5 JOLLY FARMERS LANE be worth now?

5 JOLLY FARMERS LANE might now be worth an estimated £674,351.

This is based on house price inflation of 16.7%, between February 2021 and December 2024, 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 16.7% inflationary increase is applied to the most recent sale price for 5 JOLLY FARMERS LANE of £578,000 on 15th February 2021. For the value to have increased from £578,000 to £674,351 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 5 JOLLY FARMERS LANE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The February 2021 sale price of £578,000 represented a fair market value for the property.
• The size, condition, and specification of 5 JOLLY FARMERS LANE has not materially changed since February 2021.

How Large is 5 JOLLY FARMERS LANE?

5 JOLLY FARMERS LANE is 297m², which includes four extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 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 5 JOLLY FARMERS LANE lies on this distribution: More than 99% of detached houses houses are smaller than 5 JOLLY FARMERS LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

5 JOLLY FARMERS LANE: Plot and Title Map

5 JOLLY FARMERS LANE sits on a plot of roughly 0.211 of an acre, or 853m². The below map shows the location of 5 JOLLY FARMERS 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 5 JOLLY FARMERS 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 5 JOLLY FARMERS LANE?

5 JOLLY FARMERS LANE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 5 on JOLLY FARMERS LANE.