56A, CUMBRIAN WAY, SHEPSHED, LOUGHBOROUGH, LE12 9BP - £167,000

56A CUMBRIAN WAY is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £167,000 in December 2014, which was around 37% below the average December 2014 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

56A CUMBRIAN WAY Sold Prices

Land registry data shows four sales for 56A CUMBRIAN WAY 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 56A CUMBRIAN 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
2014 5 DEC	£167,000	£266,104	37% below HPI
2005 25 NOV	£163,000	£234,580	31% below HPI
2001 20 JUL	£89,950	£129,518	31% below HPI
1998 4 DEC	£66,000	£94,511	30% below HPI

56A CUMBRIAN 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 four 56A CUMBRIAN WAY sales between December 1998 and December 2014 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 November 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 56A CUMBRIAN WAY?

56A CUMBRIAN WAY is 66m² according to the EPC inspection conducted in January 2014. 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 56A CUMBRIAN WAY lies on this distribution: 6% of detached houses are smaller than 56A CUMBRIAN WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

56A CUMBRIAN WAY: Plot and Title Map

56A CUMBRIAN WAY sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 56A CUMBRIAN 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 56A CUMBRIAN 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 56A CUMBRIAN WAY?

56A CUMBRIAN WAY is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 56A on CUMBRIAN WAY.