28, SPRUCE AVENUE, LOUGHBOROUGH, LE11 2QW - £435,000

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.

28 SPRUCE AVENUE is a very large extended detached house of 154m², built sometime between 1991 and 1995, which could now be worth an estimated £570,414. It was last sold for £435,000 in May 2019, which was around 37% above the average May 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

28 SPRUCE AVENUE Sold Prices

Land registry data shows two sales for 28 SPRUCE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 28 SPRUCE AVENUE sales were 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
2019 8 MAY	£435,000	£317,412	37% above HPI
1995 12 SEP	£129,995	£80,893	61% above HPI

28 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 two 28 SPRUCE AVENUE sales from September 1995 and May 2019 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 1995 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the May 2019 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 28 SPRUCE AVENUE be worth now?

28 SPRUCE AVENUE might now be worth an estimated £570,414.

This is based on house price inflation of 31.1%, between May 2019 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.1% inflationary increase is applied to the most recent sale price for 28 SPRUCE AVENUE of £435,000 on 8th May 2019. For the value to have increased from £435,000 to £570,414 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 28 SPRUCE AVENUE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The May 2019 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 28 SPRUCE AVENUE has not materially changed since May 2019.

How Large is 28 SPRUCE AVENUE?

28 SPRUCE AVENUE is 154m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughborough, and where 28 SPRUCE AVENUE lies on this distribution: 84% of detached houses houses are smaller than 28 SPRUCE AVENUE, and 16% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

28 SPRUCE AVENUE: Plot and Title Map

28 SPRUCE AVENUE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 28 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 28 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 28 SPRUCE AVENUE?

28 SPRUCE AVENUE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 28 on SPRUCE AVENUE.