17A, RING FENCE, SHEPSHED, LOUGHBOROUGH, LE12 9HX - £225,000

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.

17A RING FENCE is a very small detached house of 71m², which could now be worth an estimated £300,139. It was last sold for £225,000 in June 2018, which was around 29% below the average June 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was A.

17A RING FENCE Sold Prices

Land registry data shows two sales for 17A RING FENCE 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 17A RING FENCE 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
2018 27 JUN	£225,000	£317,931	29% below HPI
2014 21 NOV	£175,000	£262,057	33% below HPI

17A RING FENCE 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 17A RING FENCE sales from November 2014 and June 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 November 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 17A RING FENCE be worth now?

17A RING FENCE might now be worth an estimated £300,139.

This is based on house price inflation of 33.4%, between June 2018 and June 2025, 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 33.4% inflationary increase is applied to the most recent sale price for 17A RING FENCE of £225,000 on 27th June 2018. For the value to have increased from £225,000 to £300,139 over the seven years to June 2025, the following assumptions must hold true:

• The value of 17A RING FENCE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 17A RING FENCE has not materially changed since June 2018.

How Large is 17A RING FENCE?

17A RING FENCE is 71m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shepshed, and where 17A RING FENCE lies on this distribution: 10% of detached houses houses are smaller than 17A RING FENCE, and 89% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

17A RING FENCE: Plot and Title Map

17A RING FENCE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 17A RING FENCE, 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 17A RING FENCE). 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 17A RING FENCE?

17A RING FENCE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 17A on RING FENCE.