8, HOMEWAY CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9DX - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 HOMEWAY CLOSE is a large extended detached house of 132m², built sometime between 1976 and 1982. It was last sold for £265,000 in August 2015, which was around 3% below the average August 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

8 HOMEWAY CLOSE Sold Prices

Land registry data shows two sales for 8 HOMEWAY 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 8 HOMEWAY 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
2015 7 AUG	£265,000	£272,949	3% below HPI
2009 25 SEP	£200,000	£230,571	13% below HPI

8 HOMEWAY 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 8 HOMEWAY CLOSE sales from September 2009 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 September 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2015 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8 HOMEWAY CLOSE?

8 HOMEWAY CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in April 2015. 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 8 HOMEWAY CLOSE lies on this distribution: 77% of detached houses are smaller than 8 HOMEWAY CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

8 HOMEWAY CLOSE: Plot and Title Map

8 HOMEWAY CLOSE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 8 HOMEWAY 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 8 HOMEWAY 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 8 HOMEWAY CLOSE?

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