15, SPRINGWELL LANE, WHETSTONE, LEICESTER, LE8 6LT - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 SPRINGWELL LANE is a small extended detached house of 105m², built sometime between 1996 and 2002. It was last sold for £260,000 in October 2017, which was around 15% below the average October 2017 detached price in the Blaby local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

15 SPRINGWELL LANE Sold Prices

Land registry data shows two sales for 15 SPRINGWELL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 15 SPRINGWELL LANE 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 31 OCT	£260,000	£304,472	15% below HPI
2013 11 SEP	£198,000	£222,218	11% below HPI

15 SPRINGWELL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 15 SPRINGWELL LANE sales from September 2013 and October 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 September 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 15 SPRINGWELL LANE?

15 SPRINGWELL LANE is 105m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses by size in Whetstone, and where 15 SPRINGWELL LANE lies on this distribution: 35% of detached houses are smaller than 15 SPRINGWELL LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

15 SPRINGWELL LANE: Plot and Title Map

15 SPRINGWELL LANE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 15 SPRINGWELL LANE, 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 15 SPRINGWELL LANE). 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 15 SPRINGWELL LANE?

15 SPRINGWELL LANE is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 15 on SPRINGWELL LANE.