18, SPRUCE DRIVE, COALVILLE, LE67 3NT - £230,000

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.

18 SPRUCE DRIVE is a midsized semi-detached house of 115m², which could now be worth an estimated £307,271. It was last sold for £230,000 in June 2019, which was around 26% above the average June 2019 semi-detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was B.

18 SPRUCE DRIVE Sold Prices

Land registry data shows two sales for 18 SPRUCE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 18 SPRUCE DRIVE sales were 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
2019 4 JUN	£230,000	£182,774	26% above HPI
2014 24 OCT	£184,950	£152,172	22% above HPI

18 SPRUCE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 18 SPRUCE DRIVE sales from October 2014 and June 2019 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 October 2014 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 18 SPRUCE DRIVE be worth now?

18 SPRUCE DRIVE might now be worth an estimated £307,271.

This is based on house price inflation of 33.6%, between June 2019 and March 2025, for semi-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 33.6% inflationary increase is applied to the most recent sale price for 18 SPRUCE DRIVE of £230,000 on 4th June 2019. For the value to have increased from £230,000 to £307,271 over the six years and three months to March 2025, the following assumptions must hold true:

• The value of 18 SPRUCE DRIVE has moved in line with the HPI for semi-detached houses in the North West Leicestershire local authority area.
• The June 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SPRUCE DRIVE has not materially changed since June 2019.

How Large is 18 SPRUCE DRIVE?

18 SPRUCE DRIVE is 115m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of semi-detached houses houses in Coalville, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Coalville, and where 18 SPRUCE DRIVE lies on this distribution: 54% of semi-detached houses houses are smaller than 18 SPRUCE DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Coalville.

18 SPRUCE DRIVE: Plot and Title Map

18 SPRUCE DRIVE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 18 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 18 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 18 SPRUCE DRIVE?

18 SPRUCE DRIVE is located in COALVILLE, in the LE67 postcode district. The below map shows the position of No. 18 on SPRUCE DRIVE.