5, CHEVIOT DRIVE, SHEPSHED, LOUGHBOROUGH, LE12 9ED - £235,000

5 CHEVIOT DRIVE is a midsized detached house of 114m², built sometime between 1967 and 1975. It was last sold for £235,000 in September 2019, which was around 30% below the average September 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

5 CHEVIOT DRIVE Sold Prices

Land registry data shows four sales for 5 CHEVIOT DRIVE 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 5 CHEVIOT DRIVE 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
2019 19 SEP	£235,000	£336,005	30% below HPI
2019 22 AUG	£240,000	£331,063	28% below HPI
2008 23 MAY	£192,500	£250,298	23% below HPI
1998 25 SEP	£70,000	£95,588	27% below HPI

5 CHEVIOT DRIVE 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 5 CHEVIOT DRIVE sales between September 1998 and September 2019 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 August 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 CHEVIOT DRIVE?

5 CHEVIOT DRIVE is 114m² according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 5 CHEVIOT DRIVE lies on this distribution: 57% of detached houses are smaller than 5 CHEVIOT DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

5 CHEVIOT DRIVE: Plot and Title Map

5 CHEVIOT DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 5 CHEVIOT DRIVE, 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 5 CHEVIOT DRIVE). 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 5 CHEVIOT DRIVE?

5 CHEVIOT DRIVE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 5 on CHEVIOT DRIVE.