6, CHESTNUT CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9PH - £340,000

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

6 CHESTNUT CLOSE is a very small extended detached house of 64m², built sometime between 1983 and 1990. It was last sold for £340,000 in September 2021, which was around 6% below the average September 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

6 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 6 CHESTNUT CLOSE 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 6 CHESTNUT 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
2021 3 SEP	£340,000	£360,770	6% below HPI
2001 1 MAY	£112,000	£125,278	11% below HPI

6 CHESTNUT 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 two 6 CHESTNUT CLOSE sales from May 2001 and September 2021 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 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 6 CHESTNUT CLOSE?

6 CHESTNUT CLOSE is 64m², which includes one extension, according to the EPC inspection conducted in May 2021. 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 6 CHESTNUT CLOSE lies on this distribution: 5% of detached houses are smaller than 6 CHESTNUT CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

6 CHESTNUT CLOSE: Plot and Title Map

6 CHESTNUT CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 6 CHESTNUT 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 6 CHESTNUT 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 6 CHESTNUT CLOSE?

6 CHESTNUT CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 6 on CHESTNUT CLOSE.