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
5 THE SPINNEY is a small detached house of 110m², built sometime between 1996 and 2002. It was last sold for £275,000 in May 2022, which was around 19% below the average May 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 THE SPINNEY since 1st 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 5 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 |
---|---|---|---|
2022 13 MAY | £275,000 | £340,351 | 19% below HPI |
2002 6 JUN | £114,950 | £130,996 | 12% below HPI |
1999 10 SEP | £80,000 | £91,438 | 13% below HPI |
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 5 THE SPINNEY sales between September 1999 and May 2022 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 June 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
5 THE SPINNEY is 110m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses in Hugglescote, based on EPC data. The below chart shows the distribution of detached houses by size in Hugglescote, and where 5 THE SPINNEY lies on this distribution: 37% of detached houses are smaller than 5 THE SPINNEY, and 63% of houses are larger. Note that EPC data is not available for all properties in Hugglescote.
5 THE SPINNEY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 5 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 5 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.
5 THE SPINNEY is located in HUGGLESCOTE, in the LE67 postcode district. The below map shows the position of No. 5 on THE SPINNEY.