1, IRIS CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9FS - £369,000

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.

1 IRIS CLOSE is a very large detached house of 137m², built in 2019, which could now be worth an estimated £473,597. It was last sold for £369,000 in May 2020, which was around 11% above the average May 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

1 IRIS CLOSE Sold Prices

Land registry data shows one sale for 1 IRIS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Charnwood local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 15 MAY	£369,000	£331,661	11% above HPI

What might 1 IRIS CLOSE be worth now?

1 IRIS CLOSE might now be worth an estimated £473,597.

This is based on house price inflation of 28.3%, between May 2020 and April 2026, for detached 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 28.3% inflationary increase is applied to the most recent sale price for 1 IRIS CLOSE of £369,000 on 15th May 2020. For the value to have increased from £369,000 to £473,597 over the six years and one month to April 2026, the following assumptions must hold true:

• The value of 1 IRIS CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The May 2020 sale price of £369,000 represented a fair market value for the property.
• The size, condition, and specification of 1 IRIS CLOSE has not materially changed since May 2020.

How Large is 1 IRIS CLOSE?

1 IRIS CLOSE is 137m² according to the EPC inspection conducted in June 2019. This puts it in the largest 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 1 IRIS CLOSE lies on this distribution: 80% of detached houses are smaller than 1 IRIS CLOSE, and 18% of detached houses are larger. Note that EPC data is not available for all properties in Shepshed.

1 IRIS CLOSE: Plot

1 IRIS CLOSE sits on a plot of roughly 0.112 of an acre, or 453m².

Where is 1 IRIS CLOSE?

1 IRIS CLOSE is located in SHEPSHED, in the LE12 postcode district.