56A, THE MEADOWS, SHEPSHED, LOUGHBOROUGH, LE12 9QN - £172,000

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

56A THE MEADOWS is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £172,000 in August 2016, which was around 41% below the average August 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

56A THE MEADOWS Sold Prices

Land registry data shows two sales for 56A THE MEADOWS 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 56A THE MEADOWS 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
2016 25 AUG	£172,000	£289,896	41% below HPI
2008 16 MAY	£169,500	£250,298	32% below HPI

56A THE MEADOWS 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 56A THE MEADOWS sales from May 2008 and August 2016 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 May 2008 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 56A THE MEADOWS?

56A THE MEADOWS is 89m², which includes one extension, according to the EPC inspection conducted in November 2014. 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 56A THE MEADOWS lies on this distribution: 26% of detached houses are smaller than 56A THE MEADOWS, and 73% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

56A THE MEADOWS: Plot and Title Map

56A THE MEADOWS sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 56A THE MEADOWS, 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 56A THE MEADOWS). 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 56A THE MEADOWS?

56A THE MEADOWS is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 56A on THE MEADOWS.