54, ORCHARD CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9UB - £123,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

54 ORCHARD CLOSE is a very small detached house of 58m², built sometime between 1991 and 1995. It was last sold for £123,000 in December 2006, which was around 51% below the average December 2006 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

54 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 54 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 54 ORCHARD 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
2006 15 DEC	£123,000	£249,493	51% below HPI
2005 30 JUN	£116,000	£229,063	49% below HPI
1999 10 DEC	£56,525	£108,515	48% below HPI

54 ORCHARD 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 three 54 ORCHARD CLOSE sales between December 1999 and December 2006 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 2005 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2006 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 54 ORCHARD CLOSE?

54 ORCHARD CLOSE is 58m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 54 ORCHARD CLOSE lies on this distribution: 3% of detached houses are smaller than 54 ORCHARD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

54 ORCHARD CLOSE: Plot and Title Map

54 ORCHARD CLOSE sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 54 ORCHARD 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 54 ORCHARD 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 54 ORCHARD CLOSE?

54 ORCHARD CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 54 on ORCHARD CLOSE.