SHIPPENSTONE, MILL STREET, PACKINGTON, ASHBY-DE-LA-ZOUCH, LE65 1WN - £525,000

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.

SHIPPENSTONE is a very small detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £699,505. It was last sold for £525,000 in August 2018, which was around 76% above the average August 2018 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

SHIPPENSTONE Sold Prices

Land registry data shows two sales for SHIPPENSTONE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two SHIPPENSTONE 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
2018 10 AUG	£525,000	£298,257	76% above HPI
2004 29 JUL	£398,000	£209,781	90% above HPI

SHIPPENSTONE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two SHIPPENSTONE sales from July 2004 and August 2018 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 July 2004 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the August 2018 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might SHIPPENSTONE be worth now?

SHIPPENSTONE might now be worth an estimated £699,505.

This is based on house price inflation of 33.2%, between August 2018 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.2% inflationary increase is applied to the most recent sale price for SHIPPENSTONE of £525,000 on 10th August 2018. For the value to have increased from £525,000 to £699,505 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of SHIPPENSTONE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The August 2018 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of SHIPPENSTONE has not materially changed since August 2018.

How Large is SHIPPENSTONE?

SHIPPENSTONE is 99m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses houses in Packington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Packington, and where SHIPPENSTONE lies on this distribution: 17% of detached houses houses are smaller than SHIPPENSTONE, and 83% of houses are larger. Note that EPC data is not available for all properties in Packington.

SHIPPENSTONE: Plot and Title Map

SHIPPENSTONE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of SHIPPENSTONE, 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 SHIPPENSTONE). 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 SHIPPENSTONE?

SHIPPENSTONE is located on MILL STREET in PACKINGTON, in the LE65 postcode district. The below map shows the position of SHIPPENSTONE on MILL STREET.