# LE12 7JZ Area Summary
The LE12 7JZ postcode covers part of Shepshed, a former mining town in Leicestershire, situated between Loughborough and the M1 motorway. This area represents an extremely affordable segment of the local property market, with 62 properties averaging just £82,869 – significantly below both regional and national averages. This exceptionally low price point suggests the data may be weighted towards leasehold flats, ex-local authority properties, or require the context of when these valuations were recorded.
Shepshed itself offers practical amenities for everyday living, including local shops, schools, and community facilities, whilst benefiting from reasonable transport links to Loughborough (approximately 3 miles) and Leicester. The town has undergone regeneration efforts in recent years, though it retains its working-class heritage. For first-time buyers or investors seeking entry-level opportunities in the East Midlands, this postcode area presents accessible price points, though purchasers should conduct thorough due diligence given the significantly lower-than-average values, which may reflect property conditions, tenure types, or local market dynamics specific to this pocket of Shepshed.
The average house price in LE12 7JZ, Loughborough is £82,869. Prices range from £15,000 to £220,000.
There are 62 properties in LE12 7JZ, Loughborough.
LE12 7JZ contains 36 semi-detached properties, 24 terraced properties, 2 detached properties.
Average house prices in LE12 7JZ have risen by 338% from £39,958 in 1995 to £175,000 in 2024.
LE12 7JZ is located in Loughborough, Leicestershire, England.