22, SPRING CLOSE, SHEPSHED, LOUGHBOROUGH, LE12 9JD - £95,000

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.

22 SPRING CLOSE is a very small detached house of 44m², built sometime between 1967 and 1975, which could now be worth an estimated £157,424. It was last sold for £95,000 in August 2014, which was around 63% below the average August 2014 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2013, where the current energy rating was F, and the potential energy rating was B.

22 SPRING CLOSE Sold Prices

Land registry data shows two sales for 22 SPRING CLOSE 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 22 SPRING 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
2014 1 AUG	£95,000	£256,879	63% below HPI
2014 1 AUG	£95,500	£256,879	63% below HPI

What might 22 SPRING CLOSE be worth now?

22 SPRING CLOSE might now be worth an estimated £157,424.

This is based on house price inflation of 65.7%, between August 2014 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 65.7% inflationary increase is applied to the most recent sale price for 22 SPRING CLOSE of £95,000 on 1st August 2014. For the value to have increased from £95,000 to £157,424 over the twelve years and four months to April 2026, the following assumptions must hold true:

• The value of 22 SPRING CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 2014 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SPRING CLOSE has not materially changed since August 2014.

How Large is 22 SPRING CLOSE?

22 SPRING CLOSE is 44m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 22 SPRING CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 22 SPRING CLOSE, and more than 99% of detached houses are larger. Note that EPC data is not available for all properties in Shepshed.

22 SPRING CLOSE: Plot

22 SPRING CLOSE sits on a plot of roughly 0.044 of an acre, or 179m².

Where is 22 SPRING CLOSE?

22 SPRING CLOSE is located in SHEPSHED, in the LE12 postcode district.