7, TETBURY DRIVE, SHEPSHED, LOUGHBOROUGH, LE12 9NF - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 TETBURY DRIVE is a small detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £271,348. It was last sold for £215,000 in February 2020, which was around 35% below the average February 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

7 TETBURY DRIVE Sold Prices

Land registry data shows four sales for 7 TETBURY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 7 TETBURY 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
2020 14 FEB	£215,000	£329,789	35% below HPI
2002 8 MAY	£93,000	£148,514	37% below HPI
2001 21 MAY	£81,000	£123,586	34% below HPI
1997 12 SEP	£62,000	£89,672	31% below HPI

7 TETBURY 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 four 7 TETBURY DRIVE sales between September 1997 and February 2020 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 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2020 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 7 TETBURY DRIVE be worth now?

7 TETBURY DRIVE might now be worth an estimated £271,348.

This is based on house price inflation of 26.2%, between February 2020 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.2% inflationary increase is applied to the most recent sale price for 7 TETBURY DRIVE of £215,000 on 14th February 2020. For the value to have increased from £215,000 to £271,348 over the five years to February 2025, the following assumptions must hold true:

• The value of 7 TETBURY DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The February 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 7 TETBURY DRIVE has not materially changed since February 2020.

How Large is 7 TETBURY DRIVE?

7 TETBURY DRIVE is 99m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shepshed, and where 7 TETBURY DRIVE lies on this distribution: 40% of detached houses houses are smaller than 7 TETBURY DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

7 TETBURY DRIVE: Plot and Title Map

7 TETBURY DRIVE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 7 TETBURY 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 7 TETBURY 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 7 TETBURY DRIVE?

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