28, PLOUGHMANS DRIVE, SHEPSHED, LOUGHBOROUGH, LE12 9SG - £147,500

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 PLOUGHMANS DRIVE is a very small semi-detached house of 46m², built sometime between 1983 and 1990, which could now be worth an estimated £190,480. It was last sold for £147,500 in June 2020, which was around 27% below the average June 2020 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

28 PLOUGHMANS DRIVE Sold Prices

Land registry data shows four sales for 28 PLOUGHMANS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. All of the four 28 PLOUGHMANS DRIVE 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
2020 5 JUN	£147,500	£203,210	27% below HPI
2006 14 DEC	£118,000	£157,580	25% below HPI
2000 3 NOV	£50,000	£69,967	29% below HPI
1995 5 MAY	£41,750	£48,769	14% below HPI

28 PLOUGHMANS DRIVE 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 four 28 PLOUGHMANS DRIVE sales between May 1995 and June 2020 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 28 PLOUGHMANS DRIVE be worth now?

28 PLOUGHMANS DRIVE might now be worth an estimated £190,480.

This is based on house price inflation of 29.1%, between June 2020 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 29.1% inflationary increase is applied to the most recent sale price for 28 PLOUGHMANS DRIVE of £147,500 on 5th June 2020. For the value to have increased from £147,500 to £190,480 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 28 PLOUGHMANS DRIVE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The June 2020 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 28 PLOUGHMANS DRIVE has not materially changed since June 2020.

How Large is 28 PLOUGHMANS DRIVE?

28 PLOUGHMANS DRIVE is 46m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% 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 28 PLOUGHMANS DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 28 PLOUGHMANS DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

28 PLOUGHMANS DRIVE: Plot and Title Map

28 PLOUGHMANS DRIVE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 28 PLOUGHMANS DRIVE, 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 PLOUGHMANS DRIVE). 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 PLOUGHMANS DRIVE?

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