7, TRUEWAY DRIVE, SHEPSHED, LOUGHBOROUGH, LE12 9DU - £250,000

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 TRUEWAY DRIVE is a very large extended detached house of 188m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2014, which was around 2% below the average June 2014 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

7 TRUEWAY DRIVE Sold Prices

Land registry data shows two sales for 7 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. One of the two 7 TRUEWAY DRIVE 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
2014 19 JUN	£250,000	£254,747	2% below HPI
1999 22 NOV	£120,000	£107,331	12% above HPI

7 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 7 TRUEWAY DRIVE sales from November 1999 and June 2014 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 November 1999 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 TRUEWAY DRIVE?

7 TRUEWAY DRIVE is 188m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 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 7 TRUEWAY DRIVE lies on this distribution: 97% of detached houses are smaller than 7 TRUEWAY DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

7 TRUEWAY DRIVE: Plot and Title Map

7 TRUEWAY DRIVE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 7 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 7 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 7 TRUEWAY DRIVE?

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