9, BELFRY PLACE, SHEPSHED, LOUGHBOROUGH, LE12 9FP - £185,000

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.

9 BELFRY PLACE is a very small terraced house of 65m², built in 2017, which could now be worth an estimated £249,085. It was last sold for £185,000 in June 2020, which was around 13% above the average June 2020 terraced price in the Charnwood local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was A.

9 BELFRY PLACE Sold Prices

Land registry data shows two sales for 9 BELFRY PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Charnwood local authority area for the corresponding sale date. Both of the two 9 BELFRY PLACE 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
2020 30 JUN	£185,000	£163,113	13% above HPI
2017 20 JUL	£175,950	£150,899	17% above HPI

9 BELFRY PLACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Charnwood local authority area over time, sourced from the HPI. The two 9 BELFRY PLACE sales from July 2017 and June 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 July 2017 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 9 BELFRY PLACE be worth now?

9 BELFRY PLACE might now be worth an estimated £249,085.

This is based on house price inflation of 34.6%, between June 2020 and May 2026, for terraced 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 34.6% inflationary increase is applied to the most recent sale price for 9 BELFRY PLACE of £185,000 on 30th June 2020. For the value to have increased from £185,000 to £249,085 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of 9 BELFRY PLACE has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The June 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 9 BELFRY PLACE has not materially changed since June 2020.

How Large is 9 BELFRY PLACE?

9 BELFRY PLACE is 65m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of terraced houses houses in Shepshed, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shepshed, and where 9 BELFRY PLACE lies on this distribution: 5% of terraced houses houses are smaller than 9 BELFRY PLACE, and 94% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

9 BELFRY PLACE: Plot and Title Map

9 BELFRY PLACE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 9 BELFRY PLACE, 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 9 BELFRY PLACE). 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 9 BELFRY PLACE?

9 BELFRY PLACE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 9 on BELFRY PLACE.