1, SPINNEY DRIVE, QUORN, LOUGHBOROUGH, LE12 8HB - £535,000

1 SPINNEY DRIVE is a large extended detached house of 161m², built sometime between 1930 and 1949. It was last sold for £535,000 in August 2020, which was around 59% above the average August 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

1 SPINNEY DRIVE Sold Prices

Land registry data shows two sales for 1 SPINNEY 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 Charnwood local authority area for the corresponding sale date. Both of the two 1 SPINNEY DRIVE 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 14 AUG	£535,000	£336,591	59% above HPI
2013 23 JUL	£290,000	£242,784	19% above HPI

1 SPINNEY DRIVE 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 1 SPINNEY DRIVE sales from July 2013 and August 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 July 2013 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2020 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 1 SPINNEY DRIVE?

1 SPINNEY DRIVE is 161m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses in Quorn, based on EPC data. The below chart shows the distribution of detached houses by size in Quorn, and where 1 SPINNEY DRIVE lies on this distribution: 68% of detached houses are smaller than 1 SPINNEY DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Quorn.

1 SPINNEY DRIVE: Plot and Title Map

1 SPINNEY DRIVE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 1 SPINNEY 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 1 SPINNEY 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 1 SPINNEY DRIVE?

1 SPINNEY DRIVE is located in QUORN, in the LE12 postcode district. The below map shows the position of No. 1 on SPINNEY DRIVE.