4, THE SPINNEY, CASTLE DONINGTON, DERBY, DE74 2PZ - £104,500

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

4 THE SPINNEY is a small extended detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £327,166. It was last sold for £104,500 in October 2001, which was around 18% below the average October 2001 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

4 THE SPINNEY Sold Prices

Land registry data shows three sales for 4 THE SPINNEY 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. All of the three 4 THE SPINNEY 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
2001 19 OCT	£104,500	£126,932	18% below HPI
1998 18 SEP	£60,000	£92,048	35% below HPI
1996 14 JUN	£57,900	£75,219	23% below HPI

4 THE SPINNEY 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 4 THE SPINNEY sales between June 1996 and October 2001 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 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2001 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 THE SPINNEY be worth now?

4 THE SPINNEY might now be worth an estimated £327,166.

This is based on house price inflation of 213.1%, between October 2001 and February 2025, 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 213.1% inflationary increase is applied to the most recent sale price for 4 THE SPINNEY of £104,500 on 19th October 2001. For the value to have increased from £104,500 to £327,166 over the 24 years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 THE SPINNEY has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The October 2001 sale price of £104,500 represented a fair market value for the property.
• The size, condition, and specification of 4 THE SPINNEY has not materially changed since October 2001.

How Large is 4 THE SPINNEY?

4 THE SPINNEY is 95m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% of detached houses houses in Castle Donington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Castle Donington, and where 4 THE SPINNEY lies on this distribution: 30% of detached houses houses are smaller than 4 THE SPINNEY, and 69% of houses are larger. Note that EPC data is not available for all properties in Castle Donington.

4 THE SPINNEY: Plot and Title Map

4 THE SPINNEY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 4 THE SPINNEY, 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 4 THE SPINNEY). 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 4 THE SPINNEY?

4 THE SPINNEY is located in CASTLE DONINGTON, in the DE74 postcode district. The below map shows the position of No. 4 on THE SPINNEY.