51, FAIRWAY ROAD, SHEPSHED, LOUGHBOROUGH, LE12 9BL - £247,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

51 FAIRWAY ROAD is a small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £247,000 in August 2018, which was around 23% below the average August 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

51 FAIRWAY ROAD Sold Prices

Land registry data shows five sales for 51 FAIRWAY ROAD 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. All of the five 51 FAIRWAY ROAD 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
2018 24 AUG	£247,000	£321,929	23% below HPI
2016 29 JUN	£230,000	£286,057	20% below HPI
2012 29 FEB	£183,000	£230,611	21% below HPI
2003 3 SEP	£168,000	£207,412	19% below HPI
1997 25 JUL	£79,000	£87,472	10% below HPI

51 FAIRWAY ROAD 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 51 FAIRWAY ROAD sales between July 1997 and August 2018 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 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 51 FAIRWAY ROAD?

51 FAIRWAY ROAD is 89m² according to the EPC inspection conducted in April 2013. 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 51 FAIRWAY ROAD lies on this distribution: 26% of detached houses are smaller than 51 FAIRWAY ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

51 FAIRWAY ROAD: Plot and Title Map

51 FAIRWAY ROAD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 51 FAIRWAY ROAD, 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 51 FAIRWAY ROAD). 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 51 FAIRWAY ROAD?

51 FAIRWAY ROAD is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 51 on FAIRWAY ROAD.