4, SPRING LANE, PACKINGTON, ASHBY-DE-LA-ZOUCH, LE65 1WU - £740,000

4 SPRING LANE is a very large extended detached house of 257m², built sometime between 1996 and 2002. It was last sold for £740,000 in March 2022, which was around 124% above the average March 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

4 SPRING LANE Sold Prices

Land registry data shows two sales for 4 SPRING 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 North West Leicestershire local authority area for the corresponding sale date. Both of the two 4 SPRING LANE 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
2022 7 MAR	£740,000	£330,561	124% above HPI
2004 22 SEP	£379,950	£200,100	90% above HPI

4 SPRING LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 4 SPRING LANE sales from September 2004 and March 2022 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 2004 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the March 2022 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

How Large is 4 SPRING LANE?

4 SPRING LANE is 257m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses in Packington, based on EPC data. The below chart shows the distribution of detached houses by size in Packington, and where 4 SPRING LANE lies on this distribution: 96% of detached houses are smaller than 4 SPRING LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Packington.

4 SPRING LANE: Plot and Title Map

4 SPRING LANE sits on a plot of roughly 0.203 of an acre, or 819m². The below map shows the location of 4 SPRING 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 4 SPRING 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 4 SPRING LANE?

4 SPRING LANE is located in PACKINGTON, in the LE65 postcode district. The below map shows the position of No. 4 on SPRING LANE.