48, SPRUCE AVENUE, LOUGHBOROUGH, LE11 2QW - £413,750

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.

48 SPRUCE AVENUE is a large extended detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £416,581. It was last sold for £413,750 in February 2023, which was about the average February 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

48 SPRUCE AVENUE Sold Prices

Land registry data shows two sales for 48 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. One of the two 48 SPRUCE AVENUE sales was roughly equal to 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
2023 28 FEB	£413,750	£413,392	Close to HPI
2017 5 SEP	£310,000	£306,442	1% above HPI

48 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 48 SPRUCE AVENUE sales from September 2017 and February 2023 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 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 48 SPRUCE AVENUE be worth now?

48 SPRUCE AVENUE might now be worth an estimated £416,581.

This is based on house price inflation of 0.7%, between February 2023 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 0.7% inflationary increase is applied to the most recent sale price for 48 SPRUCE AVENUE of £413,750 on 28th February 2023. For the value to have increased from £413,750 to £416,581 over the two years to February 2025, the following assumptions must hold true:

• The value of 48 SPRUCE AVENUE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The February 2023 sale price of £413,750 represented a fair market value for the property.
• The size, condition, and specification of 48 SPRUCE AVENUE has not materially changed since February 2023.

How Large is 48 SPRUCE AVENUE?

48 SPRUCE AVENUE is 126m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% 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 48 SPRUCE AVENUE lies on this distribution: 66% of detached houses houses are smaller than 48 SPRUCE AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

48 SPRUCE AVENUE: Plot and Title Map

48 SPRUCE AVENUE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 48 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 48 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 48 SPRUCE AVENUE?

48 SPRUCE AVENUE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 48 on SPRUCE AVENUE.