1, SPINNEY DRIVE, LONG EATON, NOTTINGHAM, NG10 4HU - £295,000

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.

1 SPINNEY DRIVE is a small detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £352,267. It was last sold for £295,000 in December 2020, which was around 10% above the average December 2020 detached price in the Erewash local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

1 SPINNEY DRIVE Sold Prices

Land registry data shows two sales for 1 SPINNEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. One of the two 1 SPINNEY DRIVE sales was for above the average price, whilst the other was 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
2020 4 DEC	£295,000	£267,144	10% above HPI
2016 31 AUG	£165,000	£216,550	24% below HPI

1 SPINNEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 1 SPINNEY DRIVE sales from August 2016 and December 2020 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 August 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 1 SPINNEY DRIVE be worth now?

1 SPINNEY DRIVE might now be worth an estimated £352,267.

This is based on house price inflation of 19.4%, between December 2020 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for 1 SPINNEY DRIVE of £295,000 on 4th December 2020. For the value to have increased from £295,000 to £352,267 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 SPINNEY DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The December 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPINNEY DRIVE has not materially changed since December 2020.

How Large is 1 SPINNEY DRIVE?

1 SPINNEY DRIVE is 86m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses houses in Long Eaton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Eaton, and where 1 SPINNEY DRIVE lies on this distribution: 26% of detached houses houses are smaller than 1 SPINNEY DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.

1 SPINNEY DRIVE: Plot and Title Map

1 SPINNEY DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 1 SPINNEY DRIVE, 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 1 SPINNEY DRIVE). 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 1 SPINNEY DRIVE?

1 SPINNEY DRIVE is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 1 on SPINNEY DRIVE.