57, PARADISE CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9PG - £260,000

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.

57 PARADISE CLOSE is a midsized extended semi-detached house of 104m², built sometime from 2007 onwards, which could now be worth an estimated £392,980. It was last sold for £260,000 in April 2017, which was around 44% above the average April 2017 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

57 PARADISE CLOSE Sold Prices

Land registry data shows two sales for 57 PARADISE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 57 PARADISE CLOSE 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
2017 28 APR	£260,000	£180,316	44% above HPI
2009 1 MAY	£224,000	£137,123	63% above HPI

57 PARADISE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 57 PARADISE CLOSE sales from May 2009 and April 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 May 2009 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the April 2017 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 57 PARADISE CLOSE be worth now?

57 PARADISE CLOSE might now be worth an estimated £392,980.

This is based on house price inflation of 51.1%, between April 2017 and May 2026, for semi-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 51.1% inflationary increase is applied to the most recent sale price for 57 PARADISE CLOSE of £260,000 on 28th April 2017. For the value to have increased from £260,000 to £392,980 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 57 PARADISE CLOSE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The April 2017 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 57 PARADISE CLOSE has not materially changed since April 2017.

How Large is 57 PARADISE CLOSE?

57 PARADISE CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 50% of semi-detached houses houses in Shepshed, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shepshed, and where 57 PARADISE CLOSE lies on this distribution: 44% of semi-detached houses houses are smaller than 57 PARADISE CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

57 PARADISE CLOSE: Plot and Title Map

57 PARADISE CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 57 PARADISE 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 57 PARADISE 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 57 PARADISE CLOSE?

57 PARADISE CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 57 on PARADISE CLOSE.