4, THREADCUTTERS WAY, SHEPSHED, LOUGHBOROUGH, LE12 9JY - £135,000

4 THREADCUTTERS WAY is a very small detached house of 69m², built sometime between 2003 and 2006. It was last sold for £135,000 in June 2020, which was around 60% below the average June 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

4 THREADCUTTERS WAY Sold Prices

Land registry data shows three sales for 4 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 4 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 12 JUN	£135,000	£334,262	60% below HPI
2018 31 JUL	£137,500	£320,911	57% below HPI
2005 26 AUG	£129,995	£232,816	44% below HPI

4 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 4 THREADCUTTERS WAY sales between August 2005 and June 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 July 2018 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the June 2020 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 4 THREADCUTTERS WAY?

4 THREADCUTTERS WAY is 69m² according to the EPC inspection conducted in February 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 4 THREADCUTTERS WAY lies on this distribution: 9% of detached houses are smaller than 4 THREADCUTTERS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

4 THREADCUTTERS WAY: Plot and Title Map

4 THREADCUTTERS WAY sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 4 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 4 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 4 THREADCUTTERS WAY?

4 THREADCUTTERS WAY is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 4 on THREADCUTTERS WAY.