43, LONGCLIFFE ROAD, SHEPSHED, LOUGHBOROUGH, LE12 9LW - £205,000

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.

43 LONGCLIFFE ROAD is a very small detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £299,872. It was last sold for £205,000 in June 2017, which was around 30% below the average June 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

43 LONGCLIFFE ROAD Sold Prices

Land registry data shows two sales for 43 LONGCLIFFE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 43 LONGCLIFFE ROAD 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
2017 27 JUN	£205,000	£293,689	30% below HPI
2015 12 JUN	£155,000	£266,371	42% below HPI

43 LONGCLIFFE ROAD 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 two 43 LONGCLIFFE ROAD sales from June 2015 and June 2017 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 June 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 43 LONGCLIFFE ROAD be worth now?

43 LONGCLIFFE ROAD might now be worth an estimated £299,872.

This is based on house price inflation of 46.3%, between June 2017 and May 2026, for detached 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 46.3% inflationary increase is applied to the most recent sale price for 43 LONGCLIFFE ROAD of £205,000 on 27th June 2017. For the value to have increased from £205,000 to £299,872 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 43 LONGCLIFFE ROAD has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 2017 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 43 LONGCLIFFE ROAD has not materially changed since June 2017.

How Large is 43 LONGCLIFFE ROAD?

43 LONGCLIFFE ROAD is 62m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shepshed, and where 43 LONGCLIFFE ROAD lies on this distribution: 3% of detached houses houses are smaller than 43 LONGCLIFFE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

43 LONGCLIFFE ROAD: Plot and Title Map

43 LONGCLIFFE ROAD sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 43 LONGCLIFFE ROAD, 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 43 LONGCLIFFE ROAD). 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 43 LONGCLIFFE ROAD?

43 LONGCLIFFE ROAD is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 43 on LONGCLIFFE ROAD.