9, PARK CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9AZ - £195,000

9 PARK CLOSE is a very small detached house of 78m², built sometime between 1930 and 1949. It was last sold for £195,000 in March 2015, which was around 26% below the average March 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2011, where the current energy rating was F, and the potential energy rating was F.

9 PARK CLOSE Sold Prices

Land registry data shows three sales for 9 PARK 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 9 PARK 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
2015 20 MAR	£195,000	£262,882	26% below HPI
2012 6 FEB	£180,000	£230,611	22% below HPI
2008 14 FEB	£157,500	£254,333	38% below HPI

9 PARK 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 9 PARK CLOSE sales between February 2008 and March 2015 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 February 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 9 PARK CLOSE?

9 PARK CLOSE is 78m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 9 PARK CLOSE lies on this distribution: 15% of detached houses are smaller than 9 PARK CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

9 PARK CLOSE: Plot and Title Map

9 PARK CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 9 PARK 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 9 PARK 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 9 PARK CLOSE?

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