1, THE PADDOCK, SHEPSHED, LOUGHBOROUGH, LE12 9AY - £320,000

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 THE PADDOCK is a detached house, which could now be worth an estimated £591,991. It was last sold for £320,000 in November 2011, which was around 38% above the average November 2011 detached price in the Charnwood local authority area.

1 THE PADDOCK Sold Prices

Land registry data shows two sales for 1 THE PADDOCK 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. One of the two 1 THE PADDOCK sales was for above the average price, whilst the other was 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
2011 11 NOV	£320,000	£232,223	38% above HPI
2000 8 SEP	£89,950	£118,375	24% below HPI

What might 1 THE PADDOCK be worth now?

1 THE PADDOCK might now be worth an estimated £591,991.

This is based on house price inflation of 85%, between November 2011 and May 2026, for 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 85% inflationary increase is applied to the most recent sale price for 1 THE PADDOCK of £320,000 on 11th November 2011. For the value to have increased from £320,000 to £591,991 over the fifteen years and six months to May 2026, the following assumptions must hold true:

• The value of 1 THE PADDOCK has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2011 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE PADDOCK has not materially changed since November 2011.

Where is 1 THE PADDOCK?

1 THE PADDOCK is located in SHEPSHED, in the LE12 postcode district.