17, SPRINGWELL LANE, WHETSTONE, LEICESTER, LE8 6LT - £185,000

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

17 SPRINGWELL LANE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £185,000 in April 2007, which was around 20% below the average April 2007 detached price in the Blaby local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

17 SPRINGWELL LANE Sold Prices

Land registry data shows two sales for 17 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 17 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
2007 5 APR	£185,000	£230,262	20% below HPI
1999 4 MAR	£72,500	£89,729	19% below HPI

17 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 17 SPRINGWELL LANE sales from March 1999 and April 2007 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 March 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2007 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 17 SPRINGWELL LANE?

17 SPRINGWELL LANE is 68m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses by size in Whetstone, and where 17 SPRINGWELL LANE lies on this distribution: 5% of detached houses are smaller than 17 SPRINGWELL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

17 SPRINGWELL LANE: Plot and Title Map

17 SPRINGWELL LANE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 17 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 17 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 17 SPRINGWELL LANE?

17 SPRINGWELL LANE is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 17 on SPRINGWELL LANE.