Shared Ownership Valuation in Kegworth

Shared ownership properties in Kegworth require a specialist valuation when you want to purchase additional shares through staircasing, sell your share on the open market, or remortgage your property. Unlike standard mortgage valuations, a shared ownership valuation determines both the full market value of the property and the value of your specific share, which housing associations use to calculate transaction prices for additional shares or resale transactions.

The Kegworth property market has experienced notable changes, with average prices falling approximately 4% over the past year and 16% from the 2023 peak of £328,070. Current data shows an average sold price of £267,000 as of early 2026, reflecting a 10.5% decline over twelve months. These market conditions make it particularly important to obtain an up-to-date valuation from a qualified RICS valuer who understands local market trends and can provide an accurate assessment of your property's current worth.

Our valuers have extensive experience throughout Kegworth and the surrounding North West Leicestershire area, including Castle Donington, Shepshed, and Loughborough. We understand how factors such as the proximity to East Midlands Airport, the influence of the University of Nottingham Sutton Bonington Campus, and the village's conservation area restrictions can impact property values. This local knowledge ensures your valuation reflects the true market position of your shared ownership property.

The valuation process also considers the specific characteristics of Kegworth's housing stock, from historic properties in the conservation area dating back to around 1750 to modern new build developments. Properties in areas affected by aircraft noise from East Midlands Airport may see different valuations compared to those in quieter residential streets, and our valuers account for these location-specific factors when assessing your property.

• Staircasing valuations
• Resale valuations
• Mortgage valuations
• Help to Buy valuations

Kegworth has developed into a significant local service centre within North West Leicestershire, with the Local Plan identifying the village for at least 400 new dwellings by 2031. This planned growth, combined with the village's proximity to East Midlands Airport and the University of Nottingham Sutton Bonington Campus, continues to shape the local housing market and demand for shared ownership properties. The student population of approximately 622 adds to the local rental demand, which can influence property values in the area.

The village features a designated Conservation Area encompassing the historic core, including streets such as Borough Street, Derby Road, High Street, and Market Place. There are 22 listed buildings within the conservation area, including the Grade II* Church of St Andrew and 21 Grade II listed buildings. These historic properties may require additional consideration during the valuation process, as their character and listed status can affect both market value and renovation potential. Properties in the conservation area may have restrictions on alterations that affect their appeal to certain buyers.

New build developments such as Kegworth Gate by Crest Nicholson have seen strong demand, with over 95% of homes already sold. Remaining properties include three-bedroom houses at £322,000 and £340,000, and a four-bedroom show home priced at £465,000. These new build prices provide important context for valuing shared ownership properties in the area, particularly those in newer developments. The David Wilson Homes development also offers additional new build options in the area, with a selection of 2, 3, 4, and 5-bedroom homes.

The historic core of Kegworth sits on a shallow promontory above the Soar and Trent valleys, with properties in certain locations potentially affected by proximity to river flood risk areas. The conservation area boundary on the north and east sides follows the valley boundaries, meaning some properties may have flood risk considerations that affect their valuation. Our valuers assess these environmental factors as part of the comprehensive valuation process.

Properties in Kegworth vary significantly in age and construction, which means different types of defects may be encountered. Historic properties in the conservation area, many of which date from the Georgian and Victorian periods, often feature traditional brick construction with Swithland Slate roofing - a locally sourced material that gives the village its distinctive character. These older properties may suffer from issues such as damp penetration, timber decay, or roof slate deterioration that can affect their market value.

Properties built during the post-war period through to the 1980s may present different challenges, including potential issues with concrete construction methods used during those decades. More modern properties, including those built in the 2010s at developments like Kegworth Gate, typically use contemporary building methods and should be in good condition, though snagging issues in new builds are not uncommon.

The local geology on the shallow promontory above the Soar and Trent valleys means some properties may be built on ground with shrink-swell clay potential, which can cause subsidence issues in properties with shallow foundations. Our valuers inspect for signs of structural movement and consider these factors when determining property values. Properties near the river valleys may also have considerations related to flood risk that can affect valuations.

Given these potential issues, we strongly recommend arranging a RICS Level 2 or Level 3 survey alongside your shared ownership valuation. These surveys provide a detailed assessment of the property's condition and can identify defects that may not be visible during a valuation inspection. For shared ownership properties in Kegworth's older properties, a Level 3 survey is particularly valuable as it provides a comprehensive analysis of the property's structure and condition.

Several location-specific factors can influence the valuation of your shared ownership property in Kegworth. The village's position on a shallow promontory above the Soar and Trent valleys means certain properties may have views or proximity to river flood risk areas that affect their market value. The Environment Agency's flood mapping shows areas of the village, particularly near the river corridors, may have elevated flood risk that valuers consider when assessing properties.

The conservation area designation imposes restrictions on alterations and extensions that can impact property values. Properties within the conservation area, which includes the historic core around High Street, Borough Street, Derby Road, and Market Place, may have limitations on what modifications owners can make. However, these restrictions also preserve the character that makes these properties attractive to buyers, creating a balanced effect on value.

Property age and construction vary significantly across Kegworth, with a historic core containing buildings dating from around 1750 and beyond, alongside modern developments from the 2010s. Historical properties may feature traditional brick construction with Swithland Slate roofing, while newer homes use contemporary building methods. The transition from timber frame to brick Georgian construction is evident in properties across the village, and our valuers account for these differences when assessing your property.

The proximity of East Midlands Airport influences the local economy and rental demand, with hospitality and logistics playing key roles in the area. Properties suitable for rental investment may command premium values, particularly given the student population from Sutton Bonington Campus. However, properties directly under flight paths may experience reduced values due to aircraft noise. Our valuers consider these factors when determining the market value of your shared ownership property.