6, NEWARK CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9PJ - £250,500

6 NEWARK CLOSE is a small extended detached house of 84m², built sometime between 1976 and 1982. It was last sold for £250,500 in November 2020, which was around 30% below the average November 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

6 NEWARK CLOSE Sold Prices

Land registry data shows three sales for 6 NEWARK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 6 NEWARK CLOSE 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
2020 27 NOV	£250,500	£357,130	30% below HPI
2005 2 DEC	£159,500	£236,478	33% below HPI
2001 11 JUL	£92,000	£129,518	29% below HPI

6 NEWARK CLOSE 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 three 6 NEWARK CLOSE sales between July 2001 and November 2020 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 December 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 6 NEWARK CLOSE?

6 NEWARK CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 6 NEWARK CLOSE lies on this distribution: 21% of detached houses are smaller than 6 NEWARK CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

6 NEWARK CLOSE: Plot and Title Map

6 NEWARK CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 6 NEWARK 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 6 NEWARK 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 6 NEWARK CLOSE?

6 NEWARK CLOSE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 6 on NEWARK CLOSE.