16, SPRUCE AVENUE, LOUGHBOROUGH, LE11 2QW - £390,000

16 SPRUCE AVENUE is a very large extended detached house of 160m², built sometime between 1991 and 1995. It was last sold for £390,000 in November 2016, which was around 32% above the average November 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

16 SPRUCE AVENUE Sold Prices

Land registry data shows three sales for 16 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 16 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
2016 11 NOV	£390,000	£294,442	32% above HPI
2002 3 SEP	£235,500	£169,241	39% above HPI
1995 20 DEC	£128,500	£82,791	55% above HPI

16 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 16 SPRUCE AVENUE sales between December 1995 and November 2016 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 2002 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the November 2016 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 16 SPRUCE AVENUE?

16 SPRUCE AVENUE is 160m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 20% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 16 SPRUCE AVENUE lies on this distribution: 86% of detached houses are smaller than 16 SPRUCE AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

16 SPRUCE AVENUE: Plot and Title Map

16 SPRUCE AVENUE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 16 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 16 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 16 SPRUCE AVENUE?

16 SPRUCE AVENUE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 16 on SPRUCE AVENUE.