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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27 SPRING LANE is a very small detached house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £387,471. It was last sold for £210,000 in May 2011, which was around 1% below the average May 2011 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was November 2024, where the current energy rating was D, and the potential energy rating was B.

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 below the average price, whilst one 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
2011 27 MAY	£210,000	£212,913	1% below HPI
2005 14 JAN	£220,000	£217,177	1% above HPI
2001 11 MAY	£74,267	£116,801	36% 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2011 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 27 SPRING LANE be worth now?

27 SPRING LANE might now be worth an estimated £387,471.

This is based on house price inflation of 84.5%, between May 2011 and December 2024, for 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 84.5% inflationary increase is applied to the most recent sale price for 27 SPRING LANE of £210,000 on 27th May 2011. For the value to have increased from £210,000 to £387,471 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of 27 SPRING LANE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The May 2011 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 27 SPRING LANE has not materially changed since May 2011.

How Large is 27 SPRING LANE?

27 SPRING LANE is 95m² according to the EPC inspection conducted in November 2024. This puts it in the smallest 20% of detached houses houses in Swannington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swannington, and where 27 SPRING LANE lies on this distribution: 16% of detached houses houses are smaller than 27 SPRING LANE, and 84% 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 78.6 acres, or 317,940m². 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.