1, MENDIP CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9EB - £75,000

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 MENDIP CLOSE is a large extended detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £355,301. It was last sold for £75,000 in November 1997, which was around 17% below the average November 1997 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

1 MENDIP CLOSE Sold Prices

Land registry data shows one sale for 1 MENDIP 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
1997 14 NOV	£75,000	£90,685	17% below HPI

What might 1 MENDIP CLOSE be worth now?

1 MENDIP CLOSE might now be worth an estimated £355,301.

This is based on house price inflation of 373.7%, between November 1997 and May 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 373.7% inflationary increase is applied to the most recent sale price for 1 MENDIP CLOSE of £75,000 on 14th November 1997. For the value to have increased from £75,000 to £355,301 over the 29 years and six months to May 2026, the following assumptions must hold true:

• The value of 1 MENDIP CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 1997 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MENDIP CLOSE has not materially changed since November 1997.

How Large is 1 MENDIP CLOSE?

1 MENDIP CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% 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 MENDIP CLOSE lies on this distribution: 61% of detached houses are smaller than 1 MENDIP CLOSE, and 38% of detached houses are larger. Note that EPC data is not available for all properties in Shepshed.

1 MENDIP CLOSE: Plot

1 MENDIP CLOSE sits on a plot of roughly 0.103 of an acre, or 418m².

Where is 1 MENDIP CLOSE?

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