8, PARK RISE, SHEPSHED, LOUGHBOROUGH, LE12 9BA - £233,000

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.

8 PARK RISE is a small semi-detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £241,143. It was last sold for £233,000 in September 2024, which was around 8% below the average September 2024 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

8 PARK RISE Sold Prices

Land registry data shows three sales for 8 PARK RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. All of the three 8 PARK RISE 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
2024 19 SEP	£233,000	£253,561	8% below HPI
2022 20 DEC	£230,000	£260,338	12% below HPI
2014 7 MAR	£115,000	£155,060	26% below HPI

8 PARK RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 8 PARK RISE sales between March 2014 and September 2024 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 2022 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2024 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 8 PARK RISE be worth now?

8 PARK RISE might now be worth an estimated £241,143.

This is based on house price inflation of 3.5%, between September 2024 and February 2025, for semi-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 3.5% inflationary increase is applied to the most recent sale price for 8 PARK RISE of £233,000 on 19th September 2024. For the value to have increased from £233,000 to £241,143 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 8 PARK RISE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The September 2024 sale price of £233,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PARK RISE has not materially changed since September 2024.

How Large is 8 PARK RISE?

8 PARK RISE is 85m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of semi-detached houses houses in Shepshed, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shepshed, and where 8 PARK RISE lies on this distribution: 22% of semi-detached houses houses are smaller than 8 PARK RISE, and 78% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

8 PARK RISE: Plot and Title Map

8 PARK RISE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 8 PARK RISE, 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 PARK RISE). 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 PARK RISE?

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