28, SPRING GARDENS, SAPCOTE, LEICESTER, LE9 4DX - £112,000

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.

28 SPRING GARDENS is a very small extended terraced house of 68m², built sometime before 1900, which could now be worth an estimated £198,742. It was last sold for £112,000 in October 2012, which was around 9% below the average October 2012 terraced price in the Blaby local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

28 SPRING GARDENS Sold Prices

Land registry data shows four sales for 28 SPRING GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Blaby local authority area for the corresponding sale date. Most of the four 28 SPRING GARDENS 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
2012 26 OCT	£112,000	£122,633	9% below HPI
2007 4 DEC	£123,000	£138,358	11% below HPI
2002 15 JUL	£69,950	£74,208	6% below HPI
1998 7 DEC	£47,250	£45,184	5% above HPI

28 SPRING GARDENS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Blaby local authority area over time, sourced from the HPI. The four 28 SPRING GARDENS sales between December 1998 and October 2012 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 December 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2012 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 28 SPRING GARDENS be worth now?

28 SPRING GARDENS might now be worth an estimated £198,742.

This is based on house price inflation of 77.4%, between October 2012 and May 2026, for terraced 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 77.4% inflationary increase is applied to the most recent sale price for 28 SPRING GARDENS of £112,000 on 26th October 2012. For the value to have increased from £112,000 to £198,742 over the fourteen years and five months to May 2026, the following assumptions must hold true:

• The value of 28 SPRING GARDENS has moved in line with the HPI for terraced houses in the Blaby local authority area.
• The October 2012 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 28 SPRING GARDENS has not materially changed since October 2012.

How Large is 28 SPRING GARDENS?

28 SPRING GARDENS is 68m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of terraced houses houses in Sapcote, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sapcote, and where 28 SPRING GARDENS lies on this distribution: 5% of terraced houses houses are smaller than 28 SPRING GARDENS, and 95% of houses are larger. Note that EPC data is not available for all properties in Sapcote.

28 SPRING GARDENS: Plot and Title Map

28 SPRING GARDENS sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 28 SPRING GARDENS, 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 28 SPRING GARDENS). 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 28 SPRING GARDENS?

28 SPRING GARDENS is located in SAPCOTE, in the LE9 postcode district. The below map shows the position of No. 28 on SPRING GARDENS.