SPRINGWOOD HOUSE, NOTTINGHAM ROAD, LOUNT, ASHBY-DE-LA-ZOUCH, LE65 1SD - £395,000

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

SPRINGWOOD HOUSE is a very small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £395,000 in April 2020, which was around 35% above the average April 2020 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

SPRINGWOOD HOUSE Sold Prices

Land registry data shows two sales for SPRINGWOOD HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two SPRINGWOOD HOUSE 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
2020 24 APR	£395,000	£291,673	35% above HPI
2004 3 AUG	£365,250	£195,532	87% above HPI

SPRINGWOOD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two SPRINGWOOD HOUSE sales from August 2004 and April 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 August 2004 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the April 2020 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is SPRINGWOOD HOUSE?

SPRINGWOOD HOUSE is 84m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses in Lount, based on EPC data. The below chart shows the distribution of detached houses by size in Lount, and where SPRINGWOOD HOUSE lies on this distribution: Less than 1% of detached houses are smaller than SPRINGWOOD HOUSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lount.

SPRINGWOOD HOUSE: Plot and Title Map

SPRINGWOOD HOUSE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of SPRINGWOOD HOUSE, 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 SPRINGWOOD HOUSE). 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 SPRINGWOOD HOUSE?

SPRINGWOOD HOUSE is located on NOTTINGHAM ROAD in LOUNT, in the LE65 postcode district. The below map shows the position of SPRINGWOOD HOUSE on NOTTINGHAM ROAD.