8, WIGHTMAN CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9NQ - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 WIGHTMAN CLOSE is a large extended detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £330,014. It was last sold for £235,000 in April 2017, which was around 20% below the average April 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

8 WIGHTMAN CLOSE Sold Prices

Land registry data shows two sales for 8 WIGHTMAN 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 WIGHTMAN 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
2017 12 APR	£235,000	£293,420	20% below HPI
2015 3 DEC	£235,000	£280,815	16% below HPI

8 WIGHTMAN 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 WIGHTMAN CLOSE sales from December 2015 and April 2017 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 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 WIGHTMAN CLOSE be worth now?

8 WIGHTMAN CLOSE might now be worth an estimated £330,014.

This is based on house price inflation of 40.4%, between April 2017 and December 2024, for 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 40.4% inflationary increase is applied to the most recent sale price for 8 WIGHTMAN CLOSE of £235,000 on 12th April 2017. For the value to have increased from £235,000 to £330,014 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 8 WIGHTMAN CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The April 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WIGHTMAN CLOSE has not materially changed since April 2017.

How Large is 8 WIGHTMAN CLOSE?

8 WIGHTMAN CLOSE is 122m², which includes three extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 40% of detached houses houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shepshed, and where 8 WIGHTMAN CLOSE lies on this distribution: 66% of detached houses houses are smaller than 8 WIGHTMAN CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

8 WIGHTMAN CLOSE: Plot and Title Map

8 WIGHTMAN CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 8 WIGHTMAN 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 WIGHTMAN 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 WIGHTMAN CLOSE?

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