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Shepshed House Prices Shepshed House Prices

The average house price in Shepshed is £245,957 using HM Land Registry data.

The average property price increased by £27,727 (12.28%) over the last 5 years and increased by £5,555 (2.24%) over the last 12 months.

Over the last year, there were 175 residential property sales – a decrease of 37 transactions (-21.14%) relative to the previous year. The majority of house sales (44) were in the £210,000 - £250,000 range. Then came properties in the £170,000 - £210,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 120 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,312 (-2%).

In January 2025, there were 26 new estate agency instructions, 20 agreed home sales and 16 property price reductions.

Postcodes Covered: LE12

5-Year Average Property Prices in Shepshed

12.28%

Property prices in Shepshed increased by 12.28% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Shepshed Over the Last Year

2.24%

Property prices in Shepshed increased by 2.24% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Shepshed - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Shepshed

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Shepshed

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Shepshed

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Shepshed since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Shepshed area since 1995.

Recent Property Sales in Shepshed

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Ploughmans Drive, Shepshed, Loughborough, Leicestershire, LE12 9SG£189,950£177,000-£12,95010 Sep 202406 Dec 202487 Days
50a, Belton Street, Shepshed, Loughborough, Leicestershire, LE12 9AB£314,950£308,000-£6,95010 Jul 202405 Dec 2024148 Days
59 Chapel Street, Shepshed, Loughborough, Leicestershire, LE12 9AF£255,000£245,000-£10,00001 May 202415 Nov 2024198 Days
21 Danvers Lane, Shepshed, Loughborough, Leicestershire, LE12 9RN£185,000£180,000-£5,00030 Jun 202415 Nov 2024138 Days
32 Anson Road, Shepshed, Loughborough, Leicestershire, LE12 9LB£360,000£350,000-£10,00030 Apr 202401 Nov 2024185 Days
3 Sandringham Rise, Shepshed, Loughborough, Leicestershire, LE12 9ND£300,000£285,000-£15,00007 May 202416 Aug 2024101 Days
23 Field Avenue, Shepshed, Loughborough, Leicestershire, LE12 9SH£269,500£267,000-£2,50023 Nov 202301 Aug 2024252 Days
149 Conway Drive, Shepshed, Loughborough, Leicestershire, LE12 9PN£260,000£250,000-£10,00016 Feb 202412 Jul 2024147 Days
41 Forest Street, Shepshed, Loughborough, Leicestershire, LE12 9BZ£230,000£230,000£019 Jan 202411 Jul 2024174 Days
72 Cumbrian Way, Shepshed, Loughborough, Leicestershire, LE12 9BP£375,000£358,000-£17,00027 Mar 202428 Jun 202493 Days
39 Ploughmans Drive, Shepshed, Loughborough, Leicestershire, LE12 9SG£229,950£208,000-£21,95005 Feb 202403 Jun 2024119 Days
21 St Botolphs Road, Shepshed, Loughborough, Leicestershire, LE12 9HZ£155,000£150,000-£5,00006 Feb 202430 May 2024114 Days
99 Forest Street, Shepshed, Loughborough, Leicestershire, LE12 9BZ£190,000£180,000-£10,00006 Jan 202424 May 2024139 Days
45 Kirkhill, Shepshed, Loughborough, Leicestershire, LE12 9PA£165,000£163,000-£2,00026 Jan 202424 May 2024119 Days
14 Field Avenue, Shepshed, Loughborough, Leicestershire, LE12 9SH£235,000£227,250-£7,75019 Feb 202422 May 202493 Days
39b, Belton Street, Shepshed, Loughborough, Leicestershire, LE12 9AA£220,000£215,000-£5,00016 Nov 202303 May 2024169 Days
2 Woodlands Drive, Shepshed, Loughborough, Leicestershire, LE12 9SD£340,000£318,000-£22,00023 Jan 202403 May 2024101 Days
1b, Anson Road, Shepshed, Loughborough, Leicestershire, LE12 9LA£275,000£263,000-£12,00005 Feb 202403 May 202488 Days
49 Abbey Close, Shepshed, Loughborough, Leicestershire, LE12 9EH£375,000£358,000-£17,00026 Dec 202319 Apr 2024115 Days
30 Blackbrook Close, Shepshed, Loughborough, Leicestershire, LE12 9LD£280,000£272,000-£8,00021 Nov 202317 Apr 2024148 Days

Most Expensive Streets in Shepshed

PostcodeStreetAreaAverageNo. of Sales
LE12 9ELBrick Kiln LaneShepshed£631,2005
LE12 9LYTickow LaneShepshed£476,6663
LE12 9ERIveshead RoadShepshed£450,5005
LE12 9EXMoscow LaneShepshed£448,3333
LE12 9FLSaley CloseShepshed£421,6163
LE12 9FSIris CloseShepshed£409,00011
LE12 9GFThimble Mill CloseShepshed£395,0006
LE12 9EJBrick Kiln LaneShepshed£386,1577
LE12 9FBWellingtonia CloseShepshed£378,3333
LE12 9FJFoxglove DriveShepshed£373,54511

Least Expensive Streets in Shepshed

PostcodeStreetAreaAverageNo. of Sales
LE12 9BGBrendon CloseShepshed£67,1005
LE12 9DZNook CloseShepshed£99,6254
LE12 9UQKidger CloseShepshed£110,2005
LE12 9QQGriffin CloseShepshed£110,42126
LE12 9ALField StreetShepshed£118,4005
LE12 9HFSnowdon CloseShepshed£121,8333
LE12 9HBPolden CloseShepshed£123,5003
LE12 9JGSullington RoadShepshed£139,9005
LE12 9PBKirkhillShepshed£141,9005
LE12 9HZSt Botolphs RoadShepshed£145,6663

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