23, NEVILLE CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9NG - £195,000

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.

23 NEVILLE CLOSE is a small extended semi-detached house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £250,421. It was last sold for £195,000 in December 2018, which was around 5% below the average December 2018 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

23 NEVILLE CLOSE Sold Prices

Land registry data shows two sales for 23 NEVILLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 23 NEVILLE 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
2018 20 DEC	£195,000	£204,346	5% below HPI
2018 5 DEC	£180,000	£204,346	12% below HPI

23 NEVILLE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 23 NEVILLE CLOSE sales from December 2018 and December 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 December 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 23 NEVILLE CLOSE be worth now?

23 NEVILLE CLOSE might now be worth an estimated £250,421.

This is based on house price inflation of 28.4%, between December 2018 and February 2025, for semi-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 28.4% inflationary increase is applied to the most recent sale price for 23 NEVILLE CLOSE of £195,000 on 20th December 2018. For the value to have increased from £195,000 to £250,421 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 23 NEVILLE CLOSE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The December 2018 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 23 NEVILLE CLOSE has not materially changed since December 2018.

How Large is 23 NEVILLE CLOSE?

23 NEVILLE CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of semi-detached houses houses in Shepshed, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shepshed, and where 23 NEVILLE CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 23 NEVILLE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

23 NEVILLE CLOSE: Plot and Title Map

23 NEVILLE CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 23 NEVILLE 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 23 NEVILLE 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 23 NEVILLE CLOSE?

23 NEVILLE CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 23 on NEVILLE CLOSE.