10, SPENCER STREET, STANLEY COMMON, ILKESTON, DE7 6GA - £230,000

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.

10 SPENCER STREET is a large detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £382,607. It was last sold for £230,000 in June 2014, which was around 20% above the average June 2014 detached price in the Erewash local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

10 SPENCER STREET Sold Prices

Land registry data shows two sales for 10 SPENCER STREET 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. Both of the two 10 SPENCER STREET 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
2014 23 JUN	£230,000	£191,765	20% above HPI
2002 8 NOV	£180,245	£126,153	43% above HPI

10 SPENCER STREET 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 10 SPENCER STREET sales from November 2002 and June 2014 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 November 2002 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the June 2014 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 10 SPENCER STREET be worth now?

10 SPENCER STREET might now be worth an estimated £382,607.

This is based on house price inflation of 66.4%, between June 2014 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 66.4% inflationary increase is applied to the most recent sale price for 10 SPENCER STREET of £230,000 on 23rd June 2014. For the value to have increased from £230,000 to £382,607 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 10 SPENCER STREET has moved in line with the HPI for detached houses in the Erewash local authority area.
• The June 2014 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SPENCER STREET has not materially changed since June 2014.

How Large is 10 SPENCER STREET?

10 SPENCER STREET is 131m² according to the EPC inspection conducted in April 2009. This puts it in the largest 30% of detached houses houses in Stanley Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanley Common, and where 10 SPENCER STREET lies on this distribution: 71% of detached houses houses are smaller than 10 SPENCER STREET, and 29% of houses are larger. Note that EPC data is not available for all properties in Stanley Common.

10 SPENCER STREET: Plot and Title Map

10 SPENCER STREET sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 10 SPENCER STREET, 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 10 SPENCER STREET). 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 10 SPENCER STREET?

10 SPENCER STREET is located in STANLEY COMMON, in the DE7 postcode district. The below map shows the position of No. 10 on SPENCER STREET.