9, PATERSON PLACE, SHEPSHED, LOUGHBOROUGH, LE12 9RU - £149,950

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

9 PATERSON PLACE is a very small semi-detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £221,742. It was last sold for £149,950 in August 2016, which was around 16% below the average August 2016 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

9 PATERSON PLACE Sold Prices

Land registry data shows two sales for 9 PATERSON PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 9 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
2016 10 AUG	£149,950	£177,460	16% below HPI
2011 24 JUN	£111,250	£147,866	25% below HPI

9 PATERSON PLACE 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 two 9 PATERSON PLACE sales from June 2011 and August 2016 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 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 9 PATERSON PLACE be worth now?

9 PATERSON PLACE might now be worth an estimated £221,742.

This is based on house price inflation of 47.9%, between August 2016 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 47.9% inflationary increase is applied to the most recent sale price for 9 PATERSON PLACE of £149,950 on 10th August 2016. For the value to have increased from £149,950 to £221,742 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 9 PATERSON PLACE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The August 2016 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 9 PATERSON PLACE has not materially changed since August 2016.

How Large is 9 PATERSON PLACE?

9 PATERSON PLACE is 55m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% 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 9 PATERSON PLACE lies on this distribution: 2% of semi-detached houses houses are smaller than 9 PATERSON PLACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

9 PATERSON PLACE: Plot and Title Map

9 PATERSON PLACE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 9 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 9 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 9 PATERSON PLACE?

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