3, NEW WALKS, SHEPSHED, LOUGHBOROUGH, LE12 9AP - £140,000

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.

3 NEW WALKS is a very small terraced house of 70m², built sometime before 1900, which could now be worth an estimated £195,180. It was last sold for £140,000 in March 2018, which was around 9% below the average March 2018 terraced price in the Charnwood local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

3 NEW WALKS Sold Prices

Land registry data shows four sales for 3 NEW WALKS 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. Most of the four 3 NEW WALKS 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 16 MAR	£140,000	£153,430	9% below HPI
2013 2 AUG	£116,000	£125,534	8% below HPI
2006 30 JUN	£102,681	£121,086	15% below HPI
2003 3 SEP	£115,950	£97,944	18% above HPI

3 NEW WALKS 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 3 NEW WALKS sales between September 2003 and March 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 August 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 NEW WALKS be worth now?

3 NEW WALKS might now be worth an estimated £195,180.

This is based on house price inflation of 39.4%, between March 2018 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 39.4% inflationary increase is applied to the most recent sale price for 3 NEW WALKS of £140,000 on 16th March 2018. For the value to have increased from £140,000 to £195,180 over the six years and nine months to June 2025, the following assumptions must hold true:

• The value of 3 NEW WALKS has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The March 2018 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NEW WALKS has not materially changed since March 2018.

How Large is 3 NEW WALKS?

3 NEW WALKS is 70m² according to the EPC inspection conducted in April 2013. 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 3 NEW WALKS lies on this distribution: 9% of terraced houses houses are smaller than 3 NEW WALKS, and 90% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

3 NEW WALKS: Plot and Title Map

3 NEW WALKS sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 3 NEW WALKS, 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 NEW WALKS). 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 NEW WALKS?

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