51, SPRING LANE, SWANNINGTON, COALVILLE, LE67 8QR - £310,000

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

51 SPRING LANE is a very large detached house of 228m², built sometime between 1991 and 1995. It was last sold for £310,000 in August 2012, which was around 53% above the average August 2012 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

51 SPRING LANE Sold Prices

Land registry data shows two sales for 51 SPRING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 51 SPRING LANE 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
2012 23 AUG	£310,000	£201,983	53% above HPI
2008 14 NOV	£320,000	£211,300	51% above HPI

51 SPRING LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 51 SPRING LANE sales from November 2008 and August 2012 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 November 2008 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the August 2012 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 51 SPRING LANE?

51 SPRING LANE is 228m² according to the EPC inspection conducted in April 2010. This puts it in the largest 10% of detached houses in Swannington, based on EPC data. The below chart shows the distribution of detached houses by size in Swannington, and where 51 SPRING LANE lies on this distribution: 93% of detached houses are smaller than 51 SPRING LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Swannington.

51 SPRING LANE: Plot and Title Map

51 SPRING LANE sits on a plot of roughly 78.6 acres, or 317,940m². The below map shows the location of 51 SPRING LANE, 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 51 SPRING LANE). 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 51 SPRING LANE?

51 SPRING LANE is located in SWANNINGTON, in the LE67 postcode district. The below map shows the position of No. 51 on SPRING LANE.