18, FOREST STREET, SHEPSHED, LOUGHBOROUGH, LE12 9DA - £124,950

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.

18 FOREST STREET is a very small terraced house of 64m², built sometime before 1900, which could now be worth an estimated £172,760. It was last sold for £124,950 in October 2018, which was around 21% below the average October 2018 terraced price in the Charnwood local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

18 FOREST STREET Sold Prices

Land registry data shows six sales for 18 FOREST STREET since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Charnwood local authority area for the corresponding sale date. All of the six 18 FOREST STREET 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 22 OCT	£124,950	£158,839	21% below HPI
2015 2 OCT	£85,000	£139,914	39% below HPI
2006 21 AUG	£104,500	£128,296	19% below HPI
2003 27 JUN	£72,500	£92,859	22% below HPI
2001 25 MAY	£44,950	£56,742	21% below HPI
2000 15 DEC	£36,000	£54,504	34% below HPI

18 FOREST STREET 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 six 18 FOREST STREET sales between December 2000 and October 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 October 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 18 FOREST STREET be worth now?

18 FOREST STREET might now be worth an estimated £172,760.

This is based on house price inflation of 38.3%, between October 2018 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 38.3% inflationary increase is applied to the most recent sale price for 18 FOREST STREET of £124,950 on 22nd October 2018. For the value to have increased from £124,950 to £172,760 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 18 FOREST STREET has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The October 2018 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 18 FOREST STREET has not materially changed since October 2018.

How Large is 18 FOREST STREET?

18 FOREST STREET is 64m² according to the EPC inspection conducted in October 2014. 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 18 FOREST STREET lies on this distribution: 4% of terraced houses houses are smaller than 18 FOREST STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

18 FOREST STREET: Plot and Title Map

18 FOREST STREET sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 18 FOREST STREET, 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 18 FOREST STREET). 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 18 FOREST STREET?

18 FOREST STREET is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 18 on FOREST STREET.