THE SPINNEY, STATION ROAD, DESFORD, LEICESTER, LE9 9FP - £750,000

THE SPINNEY is a very large extended detached house of 234m², built sometime between 1900 and 1929. It was last sold for £750,000 in February 2016, which was around 203% above the average February 2016 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was C.

THE SPINNEY Sold Prices

Land registry data shows three sales for THE SPINNEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three THE SPINNEY 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
2016 19 FEB	£750,000	£247,782	203% above HPI
2009 9 OCT	£475,000	£213,091	123% above HPI
1996 1 MAR	£180,000	£71,950	150% above HPI

THE SPINNEY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three THE SPINNEY sales between March 1996 and February 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 October 2009 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the February 2016 sale, where it rises to 203% above the HPI. The line then continues to track at 203% above the HPI.

How Large is THE SPINNEY?

THE SPINNEY is 234m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses in Desford, based on EPC data. The below chart shows the distribution of detached houses by size in Desford, and where THE SPINNEY lies on this distribution: 95% of detached houses are smaller than THE SPINNEY, and 5% of houses are larger. Note that EPC data is not available for all properties in Desford.

THE SPINNEY: Plot and Title Map

THE SPINNEY sits on a plot of roughly 0.446 of an acre, or 1,805m². The below map shows the location of THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

THE SPINNEY is located on STATION ROAD in DESFORD, in the LE9 postcode district. The below map shows the position of THE SPINNEY on STATION ROAD.