9, DANVERS LANE, SHEPSHED, LOUGHBOROUGH, LE12 9RN - £111,500

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 DANVERS LANE is a very small terraced house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £151,883. It was last sold for £111,500 in November 2018, which was around 31% below the average November 2018 terraced price in the Charnwood local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

9 DANVERS LANE Sold Prices

Land registry data shows two sales for 9 DANVERS LANE 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. One of the two 9 DANVERS LANE sales was for below the average price, whilst the other was 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
2018 19 NOV	£111,500	£161,224	31% below HPI
1997 18 JUL	£41,500	£41,152	1% above HPI

9 DANVERS LANE 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 DANVERS LANE sales from July 1997 and November 2018 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 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 9 DANVERS LANE be worth now?

9 DANVERS LANE might now be worth an estimated £151,883.

This is based on house price inflation of 36.2%, between November 2018 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 36.2% inflationary increase is applied to the most recent sale price for 9 DANVERS LANE of £111,500 on 19th November 2018. For the value to have increased from £111,500 to £151,883 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 9 DANVERS LANE has moved in line with the HPI for terraced houses in the Charnwood local authority area.
• The November 2018 sale price of £111,500 represented a fair market value for the property.
• The size, condition, and specification of 9 DANVERS LANE has not materially changed since November 2018.

How Large is 9 DANVERS LANE?

9 DANVERS LANE is 53m² according to the EPC inspection conducted in August 2018. 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 DANVERS LANE lies on this distribution: 1% of terraced houses houses are smaller than 9 DANVERS LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

9 DANVERS LANE: Plot and Title Map

9 DANVERS LANE sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 9 DANVERS LANE, 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 DANVERS LANE). 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 DANVERS LANE?

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