25, SPRUCE AVENUE, LOUGHBOROUGH, LE11 2QW - £329,950

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

25 SPRUCE AVENUE is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £329,950 in February 2022, which was around 13% below the average February 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was B.

25 SPRUCE AVENUE Sold Prices

Land registry data shows four sales for 25 SPRUCE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 25 SPRUCE AVENUE 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 3 FEB	£329,950	£380,109	13% below HPI
2020 29 SEP	£283,000	£342,817	17% below HPI
2004 19 APR	£192,000	£216,482	11% below HPI
1997 27 NOV	£83,500	£91,927	9% below HPI

25 SPRUCE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The four 25 SPRUCE AVENUE sales between November 1997 and February 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 September 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 25 SPRUCE AVENUE?

25 SPRUCE AVENUE is 98m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 25 SPRUCE AVENUE lies on this distribution: 34% of detached houses are smaller than 25 SPRUCE AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

25 SPRUCE AVENUE: Plot and Title Map

25 SPRUCE AVENUE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 25 SPRUCE AVENUE, 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 25 SPRUCE AVENUE). 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 25 SPRUCE AVENUE?

25 SPRUCE AVENUE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 25 on SPRUCE AVENUE.