38, FOREST STREET, SHEPSHED, LOUGHBOROUGH, LE12 9DA - £115,000

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.

38 FOREST STREET is a very small terraced house of 70m², built sometime between 1930 and 1949, which could now be worth an estimated £217,612. It was last sold for £115,000 in July 2009, which was around 1% below the average July 2009 terraced price in the Charnwood local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

38 FOREST STREET Sold Prices

Land registry data shows three sales for 38 FOREST STREET 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. Two of the three 38 FOREST STREET sales were for below the average price, whilst one was 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
2009 24 JUL	£115,000	£116,059	1% below HPI
2003 31 JAN	£87,000	£85,132	2% above HPI
1999 16 JUN	£41,500	£46,725	11% below HPI

38 FOREST STREET 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 38 FOREST STREET sales between June 1999 and July 2009 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 January 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2009 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 38 FOREST STREET be worth now?

38 FOREST STREET might now be worth an estimated £217,612.

This is based on house price inflation of 89.2%, between July 2009 and May 2026, 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 89.2% inflationary increase is applied to the most recent sale price for 38 FOREST STREET of £115,000 on 24th July 2009. For the value to have increased from £115,000 to £217,612 over the seventeen years and two months to May 2026, the following assumptions must hold true:

• The value of 38 FOREST STREET has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The July 2009 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 38 FOREST STREET has not materially changed since July 2009.

How Large is 38 FOREST STREET?

38 FOREST STREET is 70m² according to the EPC inspection conducted in September 2019. 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 38 FOREST STREET lies on this distribution: 9% of terraced houses houses are smaller than 38 FOREST STREET, and 90% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

38 FOREST STREET: Plot and Title Map

38 FOREST STREET sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 38 FOREST STREET, 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 38 FOREST STREET). 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 38 FOREST STREET?

38 FOREST STREET is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 38 on FOREST STREET.