9, SPRUCE WAY, LUTTERWORTH, LE17 4UP - £182,000

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

9 SPRUCE WAY is a very small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £333,579. It was last sold for £182,000 in June 2011, which was around 32% below the average June 2011 detached price in the Harborough local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

9 SPRUCE WAY Sold Prices

Land registry data shows two sales for 9 SPRUCE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 9 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
2011 28 JUN	£182,000	£268,895	32% below HPI
2009 26 JUN	£162,500	£241,704	33% below HPI

9 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 two 9 SPRUCE WAY sales from June 2009 and June 2011 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 June 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2011 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 9 SPRUCE WAY be worth now?

9 SPRUCE WAY might now be worth an estimated £333,579.

This is based on house price inflation of 83.3%, between June 2011 and December 2024, 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 83.3% inflationary increase is applied to the most recent sale price for 9 SPRUCE WAY of £182,000 on 28th June 2011. For the value to have increased from £182,000 to £333,579 over the twelve years and six months to December 2024, the following assumptions must hold true:

• The value of 9 SPRUCE WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2011 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPRUCE WAY has not materially changed since June 2011.

How Large is 9 SPRUCE WAY?

9 SPRUCE WAY is 81m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% 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 9 SPRUCE WAY lies on this distribution: 12% of detached houses houses are smaller than 9 SPRUCE WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

9 SPRUCE WAY: Plot and Title Map

9 SPRUCE WAY sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 9 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 9 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 9 SPRUCE WAY?

9 SPRUCE WAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 9 on SPRUCE WAY.