17, SPRINGWELL LANE, WHETSTONE, LEICESTER, LE8 6LT - £185,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 SPRINGWELL LANE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £315,691. It was last sold for £185,000 in April 2007, which was around 18% below the average April 2007 detached price in the Blaby local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

17 SPRINGWELL LANE Sold Prices

Land registry data shows two sales for 17 SPRINGWELL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 17 SPRINGWELL LANE 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
2007 5 APR	£185,000	£225,668	18% below HPI
1999 4 MAR	£72,500	£87,939	18% below HPI

17 SPRINGWELL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 17 SPRINGWELL LANE sales from March 1999 and April 2007 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 March 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2007 sale, which was also at 18% below the HPI.

What might 17 SPRINGWELL LANE be worth now?

17 SPRINGWELL LANE might now be worth an estimated £315,691.

This is based on house price inflation of 70.6%, between April 2007 and May 2026, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.6% inflationary increase is applied to the most recent sale price for 17 SPRINGWELL LANE of £185,000 on 5th April 2007. For the value to have increased from £185,000 to £315,691 over the eighteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 17 SPRINGWELL LANE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The April 2007 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 17 SPRINGWELL LANE has not materially changed since April 2007.

How Large is 17 SPRINGWELL LANE?

17 SPRINGWELL LANE is 68m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whetstone, and where 17 SPRINGWELL LANE lies on this distribution: 5% of detached houses houses are smaller than 17 SPRINGWELL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

17 SPRINGWELL LANE: Plot and Title Map

17 SPRINGWELL LANE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 17 SPRINGWELL LANE, 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 17 SPRINGWELL LANE). 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 17 SPRINGWELL LANE?

17 SPRINGWELL LANE is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 17 on SPRINGWELL LANE.