15, NEW WALKS, SHEPSHED, LOUGHBOROUGH, LE12 9AP - £178,000

15 NEW WALKS is a very small extended detached house of 60m², built sometime between 1983 and 1990. It was last sold for £178,000 in August 2021, which was around 51% below the average August 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

15 NEW WALKS Sold Prices

Land registry data shows two sales for 15 NEW WALKS 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 15 NEW WALKS 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
2021 2 AUG	£178,000	£360,128	51% below HPI
2018 11 MAY	£160,000	£320,571	50% below HPI

15 NEW WALKS 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 15 NEW WALKS sales from May 2018 and August 2021 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 May 2018 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2021 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 15 NEW WALKS?

15 NEW WALKS is 60m², which includes one extension, according to the EPC inspection conducted in January 2014. 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 15 NEW WALKS lies on this distribution: 3% of detached houses are smaller than 15 NEW WALKS, and 97% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

15 NEW WALKS: Plot and Title Map

15 NEW WALKS sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 15 NEW WALKS, 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 15 NEW WALKS). 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 15 NEW WALKS?

15 NEW WALKS is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 15 on NEW WALKS.