18, SPA DRIVE, SAPCOTE, LEICESTER, LE9 4FN - £187,000

18 SPA DRIVE is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £187,000 in November 2016, which was around 33% below the average November 2016 detached price in the Blaby local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

18 SPA DRIVE Sold Prices

Land registry data shows two sales for 18 SPA 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 Blaby local authority area for the corresponding sale date. Both of the two 18 SPA DRIVE 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
2016 4 NOV	£187,000	£277,600	33% below HPI
2000 3 MAR	£59,000	£101,980	42% below HPI

18 SPA DRIVE 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 18 SPA DRIVE sales from March 2000 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 March 2000 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2016 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 18 SPA DRIVE?

18 SPA DRIVE is 72m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Sapcote, based on EPC data. The below chart shows the distribution of detached houses by size in Sapcote, and where 18 SPA DRIVE lies on this distribution: 8% of detached houses are smaller than 18 SPA DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Sapcote.

18 SPA DRIVE: Plot and Title Map

18 SPA DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 18 SPA 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 18 SPA 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 18 SPA DRIVE?

18 SPA DRIVE is located in SAPCOTE, in the LE9 postcode district. The below map shows the position of No. 18 on SPA DRIVE.