38, THREADCUTTERS WAY, SHEPSHED, LOUGHBOROUGH, LE12 9JY - £145,000

38 THREADCUTTERS WAY is a very small detached house of 65m², built sometime between 2003 and 2006. It was last sold for £145,000 in September 2020, which was around 58% below the average September 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

38 THREADCUTTERS WAY Sold Prices

Land registry data shows three sales for 38 THREADCUTTERS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 38 THREADCUTTERS WAY 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
2020 24 SEP	£145,000	£342,817	58% below HPI
2014 27 NOV	£116,500	£265,645	56% below HPI
2007 30 APR	£134,995	£253,599	47% below HPI

38 THREADCUTTERS WAY 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 three 38 THREADCUTTERS WAY sales between April 2007 and September 2020 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 November 2014 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the September 2020 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 38 THREADCUTTERS WAY?

38 THREADCUTTERS WAY is 65m² according to the EPC inspection conducted in June 2020. 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 38 THREADCUTTERS WAY lies on this distribution: 5% of detached houses are smaller than 38 THREADCUTTERS WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

38 THREADCUTTERS WAY: Plot and Title Map

38 THREADCUTTERS WAY sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 38 THREADCUTTERS WAY, 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 THREADCUTTERS WAY). 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 THREADCUTTERS WAY?

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