3, SHARPLEY DRIVE, EAST LEAKE, LOUGHBOROUGH, LE12 6QT - £121,000

3 SHARPLEY DRIVE is a very small extended semi-detached house of 88m², built sometime between 1950 and 1966. It was last sold for £121,000 in October 2014, which was around 60% below the average October 2014 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

3 SHARPLEY DRIVE Sold Prices

Land registry data shows three sales for 3 SHARPLEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 3 SHARPLEY 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
2014 31 OCT	£121,000	£299,767	60% below HPI
2009 16 JUL	£105,000	£250,372	58% below HPI
2007 14 DEC	£124,950	£282,703	56% below HPI

3 SHARPLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 3 SHARPLEY DRIVE sales between December 2007 and October 2014 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 July 2009 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the October 2014 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 3 SHARPLEY DRIVE?

3 SHARPLEY DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses by size in East Leake, and where 3 SHARPLEY DRIVE lies on this distribution: 15% of detached houses are smaller than 3 SHARPLEY DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in East Leake.

3 SHARPLEY DRIVE: Plot and Title Map

3 SHARPLEY DRIVE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 3 SHARPLEY 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 3 SHARPLEY 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 3 SHARPLEY DRIVE?

3 SHARPLEY DRIVE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 3 on SHARPLEY DRIVE.