42, ORCHARD CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9UB - £152,000

42 ORCHARD CLOSE is a very small semi-detached house of 77m², built sometime between 1996 and 2002. It was last sold for £152,000 in February 2015, which was around 42% below the average February 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

42 ORCHARD CLOSE Sold Prices

Land registry data shows four sales for 42 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 42 ORCHARD CLOSE 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
2015 6 FEB	£152,000	£262,117	42% below HPI
2006 12 JAN	£154,950	£234,398	34% below HPI
2004 9 AUG	£141,950	£230,733	38% below HPI
1999 17 DEC	£81,150	£108,515	25% below HPI

42 ORCHARD CLOSE 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 four 42 ORCHARD CLOSE sales between December 1999 and February 2015 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 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2015 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 42 ORCHARD CLOSE?

42 ORCHARD CLOSE is 77m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 42 ORCHARD CLOSE lies on this distribution: 15% of detached houses are smaller than 42 ORCHARD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

42 ORCHARD CLOSE: Plot and Title Map

42 ORCHARD CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 42 ORCHARD CLOSE, 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 42 ORCHARD CLOSE). 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 42 ORCHARD CLOSE?

42 ORCHARD CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 42 on ORCHARD CLOSE.