8, LAMBERT AVENUE, SHEPSHED, LOUGHBOROUGH, LE12 9QH - £168,000

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 LAMBERT AVENUE is a midsized extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £168,000 in August 2013, which was around 32% below the average August 2013 detached price in the Charnwood local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was C.

8 LAMBERT AVENUE Sold Prices

Land registry data shows two sales for 8 LAMBERT AVENUE 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 LAMBERT AVENUE 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
2013 2 AUG	£168,000	£245,904	32% below HPI
2007 15 JUN	£160,000	£253,761	37% below HPI

8 LAMBERT AVENUE 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 LAMBERT AVENUE sales from June 2007 and August 2013 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 June 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2013 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 LAMBERT AVENUE?

8 LAMBERT AVENUE is 109m², which includes one extension, according to the EPC inspection conducted in December 2012. 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 LAMBERT AVENUE lies on this distribution: 50% of detached houses are smaller than 8 LAMBERT AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

8 LAMBERT AVENUE: Plot and Title Map

8 LAMBERT AVENUE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 8 LAMBERT AVENUE, 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 LAMBERT AVENUE). 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 LAMBERT AVENUE?

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