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House prices on Spence Drive

Median value — November 2026

£360,000

Modelled from 16 properties Stede tracks in Spence Drive

Market snapshot

£360,000

Median value

£391,438

Average value

3

Sales in the last 12 months

-1%

Change over the past year

Value over time

  • Modelled value
  • Projected
£0£100k£200k£300k20002002200420062008201020122014201620182020202220242026

Modelled month by month from the UK House Price Index, averaged across every property type Stede tracks here.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled value
2000£77,393
2001£87,033
2002£117,692
2003£139,351
2004£158,913
2005£162,403
2006£172,228
2007£176,826
2008£152,796
2009£161,387
2010£161,993
2011£156,975
2012£159,568
2013£167,857
2014£177,398
2015£188,994
2016£195,261
2017£203,548
2018£220,864
2019£222,575
2020£238,245
2021£249,115
2022£279,914
2023£268,751
2024£275,858
2025£281,447
2026£281,000

There aren't enough recorded sales on Spence Drive alone to model a trend for it, so this line shows Loughborough instead.

Property types

  • Detached house75%£362,500
  • Mid-terrace house19%£216,000
  • Semi-detached house6%£312,000

Recent sales

Addresses in Spence Drive

About this area

Spence Drive, in Loughborough, is a street. Stede can model 16 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of November 2026, Spence Drive has a median estimated value of £360,000 and an average of £391,438.

Modelled values in Spence Drive are -1% over the past year and +13% over five years.

The market here is mostly detached houses, which make up 75% of the properties Stede tracks in Spence Drive.

3 sales were recorded in Spence Drive over the past 12 months.

Common questions

What is the average house price in Spence Drive?

As of November 2026, the average estimated value is £391,438 and the median is £360,000 across 16 properties Stede tracks in Spence Drive. This is not a formal market valuation.

Are house prices in Spence Drive going up or down?

Modelled values in Spence Drive are -1% over the past year and +13% over five years, based on the UK House Price Index.

What types of property are in Spence Drive?

75% of the properties Stede tracks in Spence Drive are detached houses. mid-terrace houses are next most common, at 19%.

How many properties are in Spence Drive?

Stede can model 16 properties in Spence Drive, with 3 recorded sales in the past 12 months.

How does Stede calculate house prices for Spence Drive?

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources used for every individual property valuation on Stede. Full detail is on the methodology page.

How we calculate this

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources behind every individual property valuation on Stede.

Read the full methodology and data sources →