12, SPRING CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9JD - £125,000

12 SPRING CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £125,000 in April 2013, which was around 48% below the average April 2013 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

12 SPRING CLOSE Sold Prices

Land registry data shows two sales for 12 SPRING 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 12 SPRING CLOSE 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
2013 26 APR	£125,000	£239,543	48% below HPI
2011 21 APR	£84,000	£243,128	65% below HPI

12 SPRING 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 12 SPRING CLOSE sales from April 2011 and April 2013 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 April 2011 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the April 2013 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 12 SPRING CLOSE?

12 SPRING CLOSE is 64m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 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 12 SPRING CLOSE lies on this distribution: 5% of detached houses are smaller than 12 SPRING CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

12 SPRING CLOSE: Plot and Title Map

12 SPRING CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 12 SPRING 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 12 SPRING 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 12 SPRING CLOSE?

12 SPRING CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 12 on SPRING CLOSE.