15, SPRUCE AVENUE, LOUGHBOROUGH, LE11 2QW - £345,000

15 SPRUCE AVENUE is a large extended detached house of 135m², built sometime between 1991 and 1995. It was last sold for £345,000 in September 2013, which was around 42% above the average September 2013 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

15 SPRUCE AVENUE Sold Prices

Land registry data shows three sales for 15 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 15 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
2013 6 SEP	£345,000	£242,776	42% above HPI
2006 22 SEP	£298,000	£246,258	21% above HPI
2001 14 SEP	£189,950	£133,115	43% above HPI

15 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 15 SPRUCE AVENUE sales between September 2001 and September 2013 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 September 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2013 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 15 SPRUCE AVENUE?

15 SPRUCE AVENUE is 135m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 15 SPRUCE AVENUE lies on this distribution: 73% of detached houses are smaller than 15 SPRUCE AVENUE, and 26% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

15 SPRUCE AVENUE: Plot and Title Map

15 SPRUCE AVENUE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 15 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 15 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 15 SPRUCE AVENUE?

15 SPRUCE AVENUE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 15 on SPRUCE AVENUE.