1, SPRUCE GROVE, LEAMINGTON SPA, CV31 3QU - £315,000

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.

1 SPRUCE GROVE is a small detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £390,617. It was last sold for £315,000 in September 2017, which was around 39% below the average September 2017 detached price in the Warwick local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

1 SPRUCE GROVE Sold Prices

Land registry data shows four sales for 1 SPRUCE GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the four 1 SPRUCE GROVE 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
2017 29 SEP	£315,000	£517,264	39% below HPI
2011 28 JAN	£242,000	£367,355	34% below HPI
2003 5 DEC	£225,000	£293,867	23% below HPI
1997 18 APR	£104,995	£127,590	18% below HPI

1 SPRUCE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The four 1 SPRUCE GROVE sales between April 1997 and September 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 1 SPRUCE GROVE be worth now?

1 SPRUCE GROVE might now be worth an estimated £390,617.

This is based on house price inflation of 24%, between September 2017 and February 2025, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24% inflationary increase is applied to the most recent sale price for 1 SPRUCE GROVE of £315,000 on 29th September 2017. For the value to have increased from £315,000 to £390,617 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 SPRUCE GROVE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The September 2017 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRUCE GROVE has not materially changed since September 2017.

How Large is 1 SPRUCE GROVE?

1 SPRUCE GROVE is 107m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% of detached houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Leamington Spa, and where 1 SPRUCE GROVE lies on this distribution: 26% of detached houses houses are smaller than 1 SPRUCE GROVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

1 SPRUCE GROVE: Plot and Title Map

1 SPRUCE GROVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1 SPRUCE GROVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 SPRUCE GROVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 SPRUCE GROVE?

1 SPRUCE GROVE is located in LEAMINGTON SPA, in the CV31 postcode district. The below map shows the position of No. 1 on SPRUCE GROVE.