8, CHEVIOT DRIVE, SHEPSHED, LOUGHBOROUGH, LE12 9ED - £207,000

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

8 CHEVIOT DRIVE is a midsized extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £207,000 in March 2015, which was around 21% below the average March 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

8 CHEVIOT DRIVE Sold Prices

Land registry data shows two sales for 8 CHEVIOT 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 8 CHEVIOT 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
2015 18 MAR	£207,000	£262,882	21% below HPI
1995 15 DEC	£60,000	£82,791	28% below HPI

8 CHEVIOT 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 8 CHEVIOT DRIVE sales from December 1995 and March 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 December 1995 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2015 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 CHEVIOT DRIVE?

8 CHEVIOT DRIVE is 113m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 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 8 CHEVIOT DRIVE lies on this distribution: 55% of detached houses are smaller than 8 CHEVIOT DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

8 CHEVIOT DRIVE: Plot and Title Map

8 CHEVIOT DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 8 CHEVIOT 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 8 CHEVIOT 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 8 CHEVIOT DRIVE?

8 CHEVIOT DRIVE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 8 on CHEVIOT DRIVE.