8, SPRUCE AVENUE, LOUGHBOROUGH, LE11 2QW - £603,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 SPRUCE AVENUE is a very large extended detached house of 181m², built sometime between 1996 and 2002, which could now be worth an estimated £615,878. It was last sold for £603,000 in August 2022, which was around 49% above the average August 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

8 SPRUCE AVENUE Sold Prices

Land registry data shows three sales for 8 SPRUCE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 8 SPRUCE AVENUE 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
2022 19 AUG	£603,000	£403,438	49% above HPI
2007 27 JUL	£298,500	£253,697	18% above HPI
2000 2 JUN	£150,000	£111,403	35% above HPI

8 SPRUCE AVENUE 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 three 8 SPRUCE AVENUE sales between June 2000 and August 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 July 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2022 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 8 SPRUCE AVENUE be worth now?

8 SPRUCE AVENUE might now be worth an estimated £615,878.

This is based on house price inflation of 2.1%, between August 2022 and December 2024, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.1% inflationary increase is applied to the most recent sale price for 8 SPRUCE AVENUE of £603,000 on 19th August 2022. For the value to have increased from £603,000 to £615,878 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 8 SPRUCE AVENUE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 2022 sale price of £603,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPRUCE AVENUE has not materially changed since August 2022.

How Large is 8 SPRUCE AVENUE?

8 SPRUCE AVENUE is 181m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughborough, and where 8 SPRUCE AVENUE lies on this distribution: 91% of detached houses houses are smaller than 8 SPRUCE AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

8 SPRUCE AVENUE: Plot and Title Map

8 SPRUCE AVENUE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 8 SPRUCE AVENUE, 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 8 SPRUCE AVENUE). 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 8 SPRUCE AVENUE?

8 SPRUCE AVENUE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 8 on SPRUCE AVENUE.