40, SPA DRIVE, SAPCOTE, LEICESTER, LE9 4FN - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 SPA DRIVE is a midsized extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £245,000 in May 2011, which was around 11% above the average May 2011 detached price in the Blaby local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

40 SPA DRIVE Sold Prices

Land registry data shows two sales for 40 SPA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. One of the two 40 SPA DRIVE sales was for above the average price, whilst the other 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 12 MAY	£245,000	£220,740	11% above HPI
1999 27 AUG	£78,000	£96,083	19% below HPI

40 SPA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 40 SPA DRIVE sales from August 1999 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 August 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2011 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 40 SPA DRIVE?

40 SPA DRIVE is 123m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses in Sapcote, based on EPC data. The below chart shows the distribution of detached houses by size in Sapcote, and where 40 SPA DRIVE lies on this distribution: 60% of detached houses are smaller than 40 SPA DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Sapcote.

40 SPA DRIVE: Plot and Title Map

40 SPA DRIVE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 40 SPA DRIVE, 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 40 SPA DRIVE). 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 40 SPA DRIVE?

40 SPA DRIVE is located in SAPCOTE, in the LE9 postcode district. The below map shows the position of No. 40 on SPA DRIVE.