1, DANVERS LANE, SHEPSHED, LOUGHBOROUGH, LE12 9RN - £145,000

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.

1 DANVERS LANE is a very small extended terraced house of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £184,748. It was last sold for £145,000 in October 2020, which was around 16% below the average October 2020 terraced price in the Charnwood local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was B.

1 DANVERS LANE Sold Prices

Land registry data shows five sales for 1 DANVERS LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Charnwood local authority area for the corresponding sale date. All of the five 1 DANVERS LANE 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 12 OCT	£145,000	£172,366	16% below HPI
2018 31 AUG	£132,000	£158,735	17% below HPI
2018 30 AUG	£134,950	£158,735	15% below HPI
2008 31 OCT	£114,000	£122,424	7% below HPI
2002 13 NOV	£74,950	£80,098	6% below HPI

1 DANVERS LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Charnwood local authority area over time, sourced from the HPI. The five 1 DANVERS LANE sales between November 2002 and October 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 August 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 1 DANVERS LANE be worth now?

1 DANVERS LANE might now be worth an estimated £184,748.

This is based on house price inflation of 27.4%, between October 2020 and May 2026, for terraced 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 27.4% inflationary increase is applied to the most recent sale price for 1 DANVERS LANE of £145,000 on 12th October 2020. For the value to have increased from £145,000 to £184,748 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 1 DANVERS LANE has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The October 2020 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DANVERS LANE has not materially changed since October 2020.

How Large is 1 DANVERS LANE?

1 DANVERS LANE is 55m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of terraced houses houses in Shepshed, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shepshed, and where 1 DANVERS LANE lies on this distribution: 2% of terraced houses houses are smaller than 1 DANVERS LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

1 DANVERS LANE: Plot and Title Map

1 DANVERS LANE sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 1 DANVERS LANE, 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 1 DANVERS LANE). 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 1 DANVERS LANE?

1 DANVERS LANE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 1 on DANVERS LANE.