2, SPINNEY CLOSE, GILMORTON, LUTTERWORTH, LE17 5PR - £392,000

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

2 SPINNEY CLOSE is a very small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £392,000 in January 2022, which was around 11% below the average January 2022 detached price in the Harborough local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

2 SPINNEY CLOSE Sold Prices

Land registry data shows two sales for 2 SPINNEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 2 SPINNEY CLOSE 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
2022 28 JAN	£392,000	£442,251	11% below HPI
2000 28 FEB	£106,000	£127,819	17% below HPI

2 SPINNEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 2 SPINNEY CLOSE sales from February 2000 and January 2022 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 February 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 SPINNEY CLOSE?

2 SPINNEY CLOSE is 101m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Gilmorton, based on EPC data. The below chart shows the distribution of detached houses by size in Gilmorton, and where 2 SPINNEY CLOSE lies on this distribution: 13% of detached houses are smaller than 2 SPINNEY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Gilmorton.

2 SPINNEY CLOSE: Plot and Title Map

2 SPINNEY CLOSE sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 2 SPINNEY CLOSE, 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 SPINNEY CLOSE). 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 SPINNEY CLOSE?

2 SPINNEY CLOSE is located in GILMORTON, in the LE17 postcode district. The below map shows the position of No. 2 on SPINNEY CLOSE.