5, SPRUCE WAY, LUTTERWORTH, LE17 4UP - £325,000

5 SPRUCE WAY is a very small detached house of 57m², built sometime between 1983 and 1990. It was last sold for £325,000 in September 2022, which was around 36% below the average September 2022 detached price in the Harborough local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

5 SPRUCE WAY Sold Prices

Land registry data shows two sales for 5 SPRUCE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 5 SPRUCE WAY 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
2022 2 SEP	£325,000	£505,117	36% below HPI
2004 23 APR	£158,500	£237,348	33% below HPI

5 SPRUCE WAY 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 two 5 SPRUCE WAY sales from April 2004 and September 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 April 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 5 SPRUCE WAY?

5 SPRUCE WAY is 57m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 5 SPRUCE WAY lies on this distribution: 1% of detached houses are smaller than 5 SPRUCE WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

5 SPRUCE WAY: Plot and Title Map

5 SPRUCE WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 5 SPRUCE WAY, 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 5 SPRUCE WAY). 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 5 SPRUCE WAY?

5 SPRUCE WAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 5 on SPRUCE WAY.