2A, RING FENCE, SHEPSHED, LOUGHBOROUGH, LE12 9HY - £190,000

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.

2A RING FENCE is a large extended terraced house of 119m², built sometime between 1930 and 1949, which could now be worth an estimated £223,070. It was last sold for £190,000 in June 2021, which was around 4% above the average June 2021 terraced price in the Charnwood local authority area. The most recent EPC inspection was May 2014, where the current energy rating was F, and the potential energy rating was C.

2A RING FENCE Sold Prices

Land registry data shows three sales for 2A RING FENCE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Charnwood local authority area for the corresponding sale date. All of the three 2A RING FENCE sales were for above 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
2021 30 JUN	£190,000	£182,192	4% above HPI
2015 16 FEB	£170,000	£131,517	29% above HPI
1998 5 JUN	£50,000	£43,892	14% above HPI

2A RING FENCE 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 three 2A RING FENCE sales between June 1998 and June 2021 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 February 2015 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2A RING FENCE be worth now?

2A RING FENCE might now be worth an estimated £223,070.

This is based on house price inflation of 17.4%, between June 2021 and June 2025, 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 17.4% inflationary increase is applied to the most recent sale price for 2A RING FENCE of £190,000 on 30th June 2021. For the value to have increased from £190,000 to £223,070 over the four years to June 2025, the following assumptions must hold true:

• The value of 2A RING FENCE has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The June 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 2A RING FENCE has not materially changed since June 2021.

How Large is 2A RING FENCE?

2A RING FENCE is 119m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% 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 2A RING FENCE lies on this distribution: 64% of terraced houses houses are smaller than 2A RING FENCE, and 35% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

2A RING FENCE: Plot and Title Map

2A RING FENCE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 2A RING FENCE, 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 2A RING FENCE). 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 2A RING FENCE?

2A RING FENCE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 2A on RING FENCE.