88, PATERSON PLACE, SHEPSHED, LOUGHBOROUGH, LE12 9RY - £220,000

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

88 PATERSON PLACE is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £220,000 in March 2020, which was around 34% below the average March 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

88 PATERSON PLACE Sold Prices

Land registry data shows two sales for 88 PATERSON PLACE 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 88 PATERSON PLACE 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
2020 13 MAR	£220,000	£334,879	34% below HPI
2019 5 JUN	£165,000	£324,190	49% below HPI

88 PATERSON PLACE 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 88 PATERSON PLACE sales from June 2019 and March 2020 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 2019 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 88 PATERSON PLACE?

88 PATERSON PLACE is 85m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 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 88 PATERSON PLACE lies on this distribution: 22% of detached houses are smaller than 88 PATERSON PLACE, and 78% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

88 PATERSON PLACE: Plot and Title Map

88 PATERSON PLACE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 88 PATERSON PLACE, 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 88 PATERSON PLACE). 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 88 PATERSON PLACE?

88 PATERSON PLACE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 88 on PATERSON PLACE.