56, ORCHARD CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9UB - £235,000

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

56 ORCHARD CLOSE is a very small extended detached house of 74m², built sometime between 1996 and 2002. It was last sold for £235,000 in April 2022, which was around 40% below the average April 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

56 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 56 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 56 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
2022 29 APR	£235,000	£394,918	40% below HPI
2005 28 OCT	£145,950	£235,060	38% below HPI
1999 3 DEC	£70,775	£108,515	35% below HPI

56 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 56 ORCHARD CLOSE sales between December 1999 and April 2022 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 October 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 56 ORCHARD CLOSE?

56 ORCHARD CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 56 ORCHARD CLOSE lies on this distribution: 12% of detached houses are smaller than 56 ORCHARD CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

56 ORCHARD CLOSE: Plot and Title Map

56 ORCHARD CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 56 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 56 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 56 ORCHARD CLOSE?

56 ORCHARD CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 56 on ORCHARD CLOSE.