7, PARK CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9AZ - £245,000

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

7 PARK CLOSE is a large detached house of 130m², built sometime between 1930 and 1949. It was last sold for £245,000 in August 2015, which was around 10% below the average August 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

7 PARK CLOSE Sold Prices

Land registry data shows two sales for 7 PARK 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. One of the two 7 PARK CLOSE sales was for below the average price, whilst the other was for above 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
2015 4 AUG	£245,000	£272,949	10% below HPI
2013 15 OCT	£250,000	£245,964	2% above HPI

7 PARK 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 7 PARK CLOSE sales from October 2013 and August 2015 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 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 PARK CLOSE?

7 PARK CLOSE is 130m² according to the EPC inspection conducted in August 2013. This puts it in the largest 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 7 PARK CLOSE lies on this distribution: 74% of detached houses are smaller than 7 PARK CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

7 PARK CLOSE: Plot and Title Map

7 PARK CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 7 PARK 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 7 PARK 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 7 PARK CLOSE?

7 PARK CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 7 on PARK CLOSE.