48, SPRINGWELL DRIVE, COUNTESTHORPE, LEICESTER, LE8 5SQ - £255,000

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

48 SPRINGWELL DRIVE is a midsized extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £255,000 in July 2019, which was around 20% below the average July 2019 detached price in the Blaby local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

48 SPRINGWELL DRIVE Sold Prices

Land registry data shows two sales for 48 SPRINGWELL 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 48 SPRINGWELL DRIVE sales was for below the average price, whilst the other 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
2019 9 JUL	£255,000	£320,478	20% below HPI
1995 16 AUG	£81,500	£76,429	7% above HPI

48 SPRINGWELL 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 48 SPRINGWELL DRIVE sales from August 1995 and July 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 August 1995 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 48 SPRINGWELL DRIVE?

48 SPRINGWELL DRIVE is 115m², which includes three extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses in Countesthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Countesthorpe, and where 48 SPRINGWELL DRIVE lies on this distribution: 48% of detached houses are smaller than 48 SPRINGWELL DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

48 SPRINGWELL DRIVE: Plot and Title Map

48 SPRINGWELL DRIVE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 48 SPRINGWELL 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 48 SPRINGWELL 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 48 SPRINGWELL DRIVE?

48 SPRINGWELL DRIVE is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 48 on SPRINGWELL DRIVE.