27, SPRING LANE, SWANNINGTON, COALVILLE, LE67 8QR - £210,000

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

27 SPRING LANE is a very small detached house of 91m², built sometime between 1930 and 1949. It was last sold for £210,000 in May 2011, which was around 5% above the average May 2011 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

27 SPRING LANE Sold Prices

Land registry data shows three sales for 27 SPRING LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Two of the three 27 SPRING LANE sales were for above the average price, whilst one was 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
2011 27 MAY	£210,000	£200,778	5% above HPI
2005 14 JAN	£220,000	£204,799	7% above HPI
2001 11 MAY	£74,267	£110,144	33% below HPI

27 SPRING LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 27 SPRING LANE sales between May 2001 and May 2011 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 January 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2011 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 27 SPRING LANE?

27 SPRING LANE is 91m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Swannington, based on EPC data. The below chart shows the distribution of detached houses by size in Swannington, and where 27 SPRING LANE lies on this distribution: 12% of detached houses are smaller than 27 SPRING LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Swannington.

27 SPRING LANE: Plot and Title Map

27 SPRING LANE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 27 SPRING 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 27 SPRING 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 27 SPRING LANE?

27 SPRING LANE is located in SWANNINGTON, in the LE67 postcode district. The below map shows the position of No. 27 on SPRING LANE.