3, MALVERN AVENUE, SHEPSHED, LOUGHBOROUGH, LE12 9ES - £236,000

3 MALVERN AVENUE is a very small extended detached house of 55m², built sometime between 1976 and 1982. It was last sold for £236,000 in August 2018, which was around 27% below the average August 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

3 MALVERN AVENUE Sold Prices

Land registry data shows four sales for 3 MALVERN AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 3 MALVERN AVENUE 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 AUG	£236,000	£321,929	27% below HPI
2009 11 DEC	£167,000	£237,991	30% below HPI
2005 21 OCT	£164,000	£235,060	30% below HPI
1996 9 AUG	£57,000	£82,225	31% below HPI

3 MALVERN AVENUE 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 four 3 MALVERN AVENUE sales between August 1996 and August 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 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 MALVERN AVENUE?

3 MALVERN AVENUE is 55m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 3 MALVERN AVENUE lies on this distribution: 2% of detached houses are smaller than 3 MALVERN AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

3 MALVERN AVENUE: Plot and Title Map

3 MALVERN AVENUE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 3 MALVERN AVENUE, 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 3 MALVERN AVENUE). 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 3 MALVERN AVENUE?

3 MALVERN AVENUE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 3 on MALVERN AVENUE.