59, TRUEWAY DRIVE, SHEPSHED, LOUGHBOROUGH, LE12 9HG - £185,000

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

59 TRUEWAY DRIVE is a midsized extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £185,000 in August 2006, which was around 25% below the average August 2006 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

59 TRUEWAY DRIVE Sold Prices

Land registry data shows two sales for 59 TRUEWAY DRIVE 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 59 TRUEWAY DRIVE 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 11 AUG	£185,000	£245,569	25% below HPI
2006 27 JAN	£195,000	£234,398	17% below HPI

59 TRUEWAY DRIVE 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 59 TRUEWAY DRIVE sales from January 2006 and August 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 January 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2006 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 59 TRUEWAY DRIVE?

59 TRUEWAY DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 59 TRUEWAY DRIVE lies on this distribution: 42% of detached houses are smaller than 59 TRUEWAY DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

59 TRUEWAY DRIVE: Plot and Title Map

59 TRUEWAY DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 59 TRUEWAY DRIVE, 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 59 TRUEWAY DRIVE). 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 59 TRUEWAY DRIVE?

59 TRUEWAY DRIVE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 59 on TRUEWAY DRIVE.