5, PARK CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9AZ - £350,000

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 PARK CLOSE is a very large extended detached house of 143m², built sometime between 1930 and 1949, which could now be worth an estimated £350,272. It was last sold for £350,000 in August 2023, which was around 16% below the average August 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

5 PARK CLOSE Sold Prices

Land registry data shows five sales for 5 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Most of the five 5 PARK 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
2023 25 AUG	£350,000	£415,898	16% below HPI
2018 29 JUN	£280,000	£317,931	12% below HPI
2012 27 APR	£200,000	£229,943	13% below HPI
2006 13 DEC	£248,000	£246,123	1% above HPI
2000 29 NOV	£88,000	£119,767	27% below HPI

5 PARK CLOSE 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 five 5 PARK CLOSE sales between November 2000 and August 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 PARK CLOSE be worth now?

5 PARK CLOSE might now be worth an estimated £350,272.

This is based on house price inflation of 0.1%, between August 2023 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 0.1% inflationary increase is applied to the most recent sale price for 5 PARK CLOSE of £350,000 on 25th August 2023. For the value to have increased from £350,000 to £350,272 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 5 PARK CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARK CLOSE has not materially changed since August 2023.

How Large is 5 PARK CLOSE?

5 PARK CLOSE is 143m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 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 PARK CLOSE lies on this distribution: 85% of detached houses houses are smaller than 5 PARK CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

5 PARK CLOSE: Plot and Title Map

5 PARK CLOSE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 5 PARK 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 5 PARK 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 5 PARK CLOSE?

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