2, SPINNEY MEADOW, BILLESDON, LEICESTER, LE7 9AZ - £635,000

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.

2 SPINNEY MEADOW is a large detached house of 204m², built sometime between 2003 and 2006, which could now be worth an estimated £795,232. It was last sold for £635,000 in June 2018, which was around 68% above the average June 2018 detached price in the Harborough local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

2 SPINNEY MEADOW Sold Prices

Land registry data shows three sales for 2 SPINNEY MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 2 SPINNEY MEADOW 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
2018 22 JUN	£635,000	£379,046	68% above HPI
2012 10 OCT	£527,500	£271,724	94% above HPI
2004 27 FEB	£411,000	£223,627	84% above HPI

2 SPINNEY MEADOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The three 2 SPINNEY MEADOW sales between February 2004 and June 2018 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 October 2012 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the June 2018 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 2 SPINNEY MEADOW be worth now?

2 SPINNEY MEADOW might now be worth an estimated £795,232.

This is based on house price inflation of 25.2%, between June 2018 and June 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.2% inflationary increase is applied to the most recent sale price for 2 SPINNEY MEADOW of £635,000 on 22nd June 2018. For the value to have increased from £635,000 to £795,232 over the seven years to June 2025, the following assumptions must hold true:

• The value of 2 SPINNEY MEADOW has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2018 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPINNEY MEADOW has not materially changed since June 2018.

How Large is 2 SPINNEY MEADOW?

2 SPINNEY MEADOW is 204m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses houses in Billesdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billesdon, and where 2 SPINNEY MEADOW lies on this distribution: 75% of detached houses houses are smaller than 2 SPINNEY MEADOW, and 24% of houses are larger. Note that EPC data is not available for all properties in Billesdon.

2 SPINNEY MEADOW: Plot and Title Map

2 SPINNEY MEADOW sits on a plot of roughly 0.190 of an acre, or 767m². The below map shows the location of 2 SPINNEY MEADOW, 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 2 SPINNEY MEADOW). 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 2 SPINNEY MEADOW?

2 SPINNEY MEADOW is located in BILLESDON, in the LE7 postcode district. The below map shows the position of No. 2 on SPINNEY MEADOW.