28, PIPER CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9TF - £134,000

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.

28 PIPER CLOSE is a very small terraced house of 60m², built sometime between 1976 and 1982, which could now be worth an estimated £179,416. It was last sold for £134,000 in December 2018, which was around 18% below the average December 2018 terraced price in the Charnwood local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

28 PIPER CLOSE Sold Prices

Land registry data shows four sales for 28 PIPER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Charnwood local authority area for the corresponding sale date. All of the four 28 PIPER 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 14 DEC	£134,000	£164,024	18% below HPI
2015 2 OCT	£123,000	£139,914	12% below HPI
2007 23 NOV	£122,000	£136,128	10% below HPI
2004 17 DEC	£112,950	£117,642	4% below HPI

28 PIPER CLOSE 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 four 28 PIPER CLOSE sales between December 2004 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 October 2015 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 falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 28 PIPER CLOSE be worth now?

28 PIPER CLOSE might now be worth an estimated £179,416.

This is based on house price inflation of 33.9%, between December 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 33.9% inflationary increase is applied to the most recent sale price for 28 PIPER CLOSE of £134,000 on 14th December 2018. For the value to have increased from £134,000 to £179,416 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 28 PIPER CLOSE has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The December 2018 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PIPER CLOSE has not materially changed since December 2018.

How Large is 28 PIPER CLOSE?

28 PIPER CLOSE is 60m² according to the EPC inspection conducted in August 2018. 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 28 PIPER CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 28 PIPER CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

28 PIPER CLOSE: Plot and Title Map

28 PIPER CLOSE sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 28 PIPER 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 28 PIPER 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 28 PIPER CLOSE?

28 PIPER CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 28 on PIPER CLOSE.