42, THREADCUTTERS WAY, SHEPSHED, LOUGHBOROUGH, LE12 9JY - £222,000

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.

42 THREADCUTTERS WAY is a midsized extended terraced house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £237,074. It was last sold for £222,000 in June 2022, which was around 11% above the average June 2022 terraced price in the Charnwood local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

42 THREADCUTTERS WAY Sold Prices

Land registry data shows three sales for 42 THREADCUTTERS WAY 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. All of the three 42 THREADCUTTERS WAY sales were 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
2022 16 JUN	£222,000	£200,302	11% above HPI
2019 27 SEP	£199,950	£165,540	21% above HPI
2007 16 MAY	£179,995	£134,651	34% above HPI

42 THREADCUTTERS WAY 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 42 THREADCUTTERS WAY sales between May 2007 and June 2022 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 September 2019 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 42 THREADCUTTERS WAY be worth now?

42 THREADCUTTERS WAY might now be worth an estimated £237,074.

This is based on house price inflation of 6.8%, between June 2022 and June 2025, 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 6.8% inflationary increase is applied to the most recent sale price for 42 THREADCUTTERS WAY of £222,000 on 16th June 2022. For the value to have increased from £222,000 to £237,074 over the three years to June 2025, the following assumptions must hold true:

• The value of 42 THREADCUTTERS WAY has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The June 2022 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 42 THREADCUTTERS WAY has not materially changed since June 2022.

How Large is 42 THREADCUTTERS WAY?

42 THREADCUTTERS WAY is 100m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% 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 42 THREADCUTTERS WAY lies on this distribution: 41% of terraced houses houses are smaller than 42 THREADCUTTERS WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

42 THREADCUTTERS WAY: Plot and Title Map

42 THREADCUTTERS WAY sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 42 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 42 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 42 THREADCUTTERS WAY?

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