15, SPRUCE DRIVE, COALVILLE, LE67 3NT - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 SPRUCE DRIVE is a large detached house of 136m², built sometime from 2012 onwards. It was last sold for £315,000 in October 2023, which was around 14% below the average October 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

15 SPRUCE DRIVE Sold Prices

Land registry data shows three sales for 15 SPRUCE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Two of the three 15 SPRUCE DRIVE sales were for below the average price, whilst one was for above 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
2023 6 OCT	£315,000	£367,785	14% below HPI
2019 10 MAY	£293,500	£297,393	1% below HPI
2015 3 DEC	£269,995	£257,289	5% above HPI

15 SPRUCE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 15 SPRUCE DRIVE sales between December 2015 and October 2023 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 May 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 15 SPRUCE DRIVE be worth now?

15 SPRUCE DRIVE might now be worth an estimated £336,464.

This is based on house price inflation of 6.8%, between October 2023 and December 2024, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.8% inflationary increase is applied to the most recent sale price for 15 SPRUCE DRIVE of £315,000 on 6th October 2023. For the value to have increased from £315,000 to £336,464 over the ten months to December 2024, the following assumptions must hold true:

• The value of 15 SPRUCE DRIVE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The October 2023 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPRUCE DRIVE has not materially changed since October 2023.

How Large is 15 SPRUCE DRIVE?

15 SPRUCE DRIVE is 136m² according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of detached houses houses in Coalville, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coalville, and where 15 SPRUCE DRIVE lies on this distribution: 77% of detached houses houses are smaller than 15 SPRUCE DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Coalville.

15 SPRUCE DRIVE: Plot and Title Map

15 SPRUCE DRIVE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 15 SPRUCE DRIVE, 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 SPRUCE DRIVE). 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 SPRUCE DRIVE?

15 SPRUCE DRIVE is located in COALVILLE, in the LE67 postcode district. The below map shows the position of No. 15 on SPRUCE DRIVE.