6, SPRUCE WAY, LUTTERWORTH, LE17 4UP - £180,000

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.

6 SPRUCE WAY is a very small detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £282,192. It was last sold for £180,000 in December 2014, which was around 42% below the average December 2014 detached price in the Harborough local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

6 SPRUCE WAY Sold Prices

Land registry data shows three sales for 6 SPRUCE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 6 SPRUCE WAY 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
2014 12 DEC	£180,000	£309,592	42% below HPI
2005 27 OCT	£169,000	£250,353	32% below HPI
1999 26 NOV	£78,250	£113,449	31% below HPI

6 SPRUCE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The three 6 SPRUCE WAY sales between November 1999 and December 2014 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 October 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2014 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 6 SPRUCE WAY be worth now?

6 SPRUCE WAY might now be worth an estimated £282,192.

This is based on house price inflation of 56.8%, between December 2014 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.8% inflationary increase is applied to the most recent sale price for 6 SPRUCE WAY of £180,000 on 12th December 2014. For the value to have increased from £180,000 to £282,192 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 SPRUCE WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2014 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SPRUCE WAY has not materially changed since December 2014.

How Large is 6 SPRUCE WAY?

6 SPRUCE WAY is 56m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lutterworth, and where 6 SPRUCE WAY lies on this distribution: 1% of detached houses houses are smaller than 6 SPRUCE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

6 SPRUCE WAY: Plot and Title Map

6 SPRUCE WAY sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 6 SPRUCE WAY, 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 6 SPRUCE WAY). 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 6 SPRUCE WAY?

6 SPRUCE WAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 6 on SPRUCE WAY.