78, SPA DRIVE, SAPCOTE, LEICESTER, LE9 4FN - £317,000

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

78 SPA DRIVE is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £317,000 in May 2020, which was around 3% below the average May 2020 detached price in the Blaby local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

78 SPA DRIVE Sold Prices

Land registry data shows two sales for 78 SPA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 78 SPA DRIVE 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
2020 28 MAY	£317,000	£327,001	3% below HPI
2019 23 MAY	£235,000	£316,828	26% below HPI

78 SPA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 78 SPA DRIVE sales from May 2019 and May 2020 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 May 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 78 SPA DRIVE?

78 SPA DRIVE is 93m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of detached houses in Sapcote, based on EPC data. The below chart shows the distribution of detached houses by size in Sapcote, and where 78 SPA DRIVE lies on this distribution: 28% of detached houses are smaller than 78 SPA DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Sapcote.

78 SPA DRIVE: Plot and Title Map

78 SPA DRIVE sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of 78 SPA 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 78 SPA 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.

Where is 78 SPA DRIVE?

78 SPA DRIVE is located in SAPCOTE, in the LE9 postcode district. The below map shows the position of No. 78 on SPA DRIVE.