2, SHEPHERDS CLOSE, LOUGHBOROUGH, LE11 3LA - £220,000

2 SHEPHERDS CLOSE is a very small detached house of 51m², built sometime between 1950 and 1966. It was last sold for £220,000 in August 2019, which was around 34% below the average August 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

2 SHEPHERDS CLOSE Sold Prices

Land registry data shows two sales for 2 SHEPHERDS 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 2 SHEPHERDS 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
2019 30 AUG	£220,000	£331,063	34% below HPI
2018 30 NOV	£200,000	£329,225	39% below HPI

2 SHEPHERDS 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 2 SHEPHERDS CLOSE sales from November 2018 and August 2019 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 2018 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2019 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 SHEPHERDS CLOSE?

2 SHEPHERDS CLOSE is 51m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 2 SHEPHERDS CLOSE lies on this distribution: 1% of detached houses are smaller than 2 SHEPHERDS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

2 SHEPHERDS CLOSE: Plot and Title Map

2 SHEPHERDS CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 2 SHEPHERDS 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 2 SHEPHERDS 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 2 SHEPHERDS CLOSE?

2 SHEPHERDS CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 2 on SHEPHERDS CLOSE.