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
49 SPINNEY HILL DRIVE is a large extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £132,000 in November 1996, which was around 55% above the average November 1996 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 49 SPINNEY HILL DRIVE since 1st 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 49 SPINNEY HILL DRIVE 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 |
---|---|---|---|
1996 1 NOV | £132,000 | £85,426 | 55% above HPI |
1996 13 FEB | £127,000 | £82,529 | 54% above HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 49 SPINNEY HILL DRIVE sales from February 1996 and November 1996 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 February 1996 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the November 1996 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.
49 SPINNEY HILL DRIVE is 137m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 30% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 49 SPINNEY HILL DRIVE lies on this distribution: 74% of detached houses are smaller than 49 SPINNEY HILL DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Loughborough.
49 SPINNEY HILL DRIVE sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 49 SPINNEY HILL 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 49 SPINNEY HILL 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.
49 SPINNEY HILL DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 49 on SPINNEY HILL DRIVE.