9, IRIS CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9FS - £460,000

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

9 IRIS CLOSE is a very large detached house of 150m². It was last sold for £460,000 in October 2022, which was around 9% above the average October 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

9 IRIS CLOSE Sold Prices

Land registry data shows two sales for 9 IRIS 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 9 IRIS CLOSE sales were for above 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
2022 13 OCT	£460,000	£420,274	9% above HPI
2019 20 SEP	£405,000	£336,005	21% above HPI

9 IRIS 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 9 IRIS CLOSE sales from September 2019 and October 2022 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 2019 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 9 IRIS CLOSE?

9 IRIS CLOSE is 150m² according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 9 IRIS CLOSE lies on this distribution: 89% of detached houses are smaller than 9 IRIS CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

9 IRIS CLOSE: Plot and Title Map

9 IRIS CLOSE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 9 IRIS 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 9 IRIS 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 9 IRIS CLOSE?

9 IRIS CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 9 on IRIS CLOSE.