16, IRIS CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9FS - £345,000

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.

16 IRIS CLOSE is a very large detached house of 137m², built in 2019, which could now be worth an estimated £438,720. It was last sold for £345,000 in November 2019, which was around 3% above the average November 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

16 IRIS CLOSE Sold Prices

Land registry data shows one sale for 16 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
2019 19 NOV	£345,000	£334,741	3% above HPI

What might 16 IRIS CLOSE be worth now?

16 IRIS CLOSE might now be worth an estimated £438,720.

This is based on house price inflation of 27.2%, between November 2019 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 27.2% inflationary increase is applied to the most recent sale price for 16 IRIS CLOSE of £345,000 on 19th November 2019. For the value to have increased from £345,000 to £438,720 over the seven years and seven months to April 2026, the following assumptions must hold true:

• The value of 16 IRIS CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 16 IRIS CLOSE has not materially changed since November 2019.

How Large is 16 IRIS CLOSE?

16 IRIS CLOSE is 137m² according to the EPC inspection conducted in September 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 16 IRIS CLOSE lies on this distribution: 80% of detached houses are smaller than 16 IRIS CLOSE, and 18% of detached houses are larger. Note that EPC data is not available for all properties in Shepshed.

16 IRIS CLOSE: Plot

16 IRIS CLOSE sits on a plot of roughly 0.119 of an acre, or 481m².

Where is 16 IRIS CLOSE?

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