7, SPINDLE ROAD, LOUGHBOROUGH, LE11 2DL - £595,000

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

7 SPINDLE ROAD is a very large detached house of 174m², built sometime between 1996 and 2002. It was last sold for £595,000 in January 2023, which was around 42% above the average January 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

7 SPINDLE ROAD Sold Prices

Land registry data shows two sales for 7 SPINDLE ROAD 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. Both of the two 7 SPINDLE ROAD 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
2023 26 JAN	£595,000	£418,983	42% above HPI
2014 12 DEC	£370,000	£266,104	39% above HPI

7 SPINDLE ROAD 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 7 SPINDLE ROAD sales from December 2014 and January 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 December 2014 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2023 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 7 SPINDLE ROAD?

7 SPINDLE ROAD is 174m² according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 7 SPINDLE ROAD lies on this distribution: 90% of detached houses are smaller than 7 SPINDLE ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

7 SPINDLE ROAD: Plot and Title Map

7 SPINDLE ROAD sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 7 SPINDLE ROAD, 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 7 SPINDLE ROAD). 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 7 SPINDLE ROAD?

7 SPINDLE ROAD is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 7 on SPINDLE ROAD.