2, SPA DRIVE, SAPCOTE, LEICESTER, LE9 4FN - £277,500

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.

2 SPA DRIVE is a midsized detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £347,253. It was last sold for £277,500 in November 2018, which was around 11% below the average November 2018 detached price in the Blaby local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

2 SPA DRIVE Sold Prices

Land registry data shows two sales for 2 SPA DRIVE 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. One of the two 2 SPA DRIVE sales was for below the average price, whilst the other 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
2018 21 NOV	£277,500	£311,863	11% below HPI
2002 15 MAR	£130,000	£128,099	1% above HPI

2 SPA DRIVE 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 2 SPA DRIVE sales from March 2002 and November 2018 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 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 SPA DRIVE be worth now?

2 SPA DRIVE might now be worth an estimated £347,253.

This is based on house price inflation of 25.1%, between November 2018 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.1% inflationary increase is applied to the most recent sale price for 2 SPA DRIVE of £277,500 on 21st November 2018. For the value to have increased from £277,500 to £347,253 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 SPA DRIVE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The November 2018 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SPA DRIVE has not materially changed since November 2018.

How Large is 2 SPA DRIVE?

2 SPA DRIVE is 117m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% of detached houses houses in Sapcote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sapcote, and where 2 SPA DRIVE lies on this distribution: 53% of detached houses houses are smaller than 2 SPA DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Sapcote.

2 SPA DRIVE: Plot and Title Map

2 SPA DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 2 SPA 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 2 SPA 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 2 SPA DRIVE?

2 SPA DRIVE is located in SAPCOTE, in the LE9 postcode district. The below map shows the position of No. 2 on SPA DRIVE.