9A, RING FENCE, SHEPSHED, LOUGHBOROUGH, LE12 9HX - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9A RING FENCE is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £240,000 in November 2021, which was around 36% below the average November 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

9A RING FENCE Sold Prices

Land registry data shows two sales for 9A RING FENCE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 9A RING FENCE 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
2021 30 NOV	£240,000	£376,534	36% below HPI
2018 7 DEC	£185,000	£335,202	45% below HPI

9A RING FENCE 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 two 9A RING FENCE sales from December 2018 and November 2021 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 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 9A RING FENCE?

9A RING FENCE is 74m² according to the EPC inspection conducted in September 2018. 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 9A RING FENCE lies on this distribution: 12% of detached houses are smaller than 9A RING FENCE, and 88% of houses are larger. Note that EPC data is not available for all properties in Shepshed.

9A RING FENCE: Plot and Title Map

9A RING FENCE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 9A RING FENCE, 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 9A RING FENCE). 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 9A RING FENCE?

9A RING FENCE is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 9A on RING FENCE.