14, SPENCER AVENUE, SANDIACRE, NOTTINGHAM, NG10 5DA - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 SPENCER AVENUE is a very small extended detached house of 69m², built sometime between 1930 and 1949. It was last sold for £210,000 in September 2022, which was around 31% below the average September 2022 detached price in the Erewash local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was B.

14 SPENCER AVENUE Sold Prices

Land registry data shows three sales for 14 SPENCER AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 14 SPENCER AVENUE 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	£210,000	£302,250	31% below HPI
2018 22 OCT	£165,000	£234,812	30% below HPI
2015 3 MAR	£125,000	£189,720	34% below HPI

14 SPENCER AVENUE 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 three 14 SPENCER AVENUE sales between March 2015 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 October 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 14 SPENCER AVENUE?

14 SPENCER AVENUE is 69m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 14 SPENCER AVENUE lies on this distribution: 9% of detached houses are smaller than 14 SPENCER AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

14 SPENCER AVENUE: Plot and Title Map

14 SPENCER AVENUE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 14 SPENCER AVENUE, 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 14 SPENCER AVENUE). 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 14 SPENCER AVENUE?

14 SPENCER AVENUE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 14 on SPENCER AVENUE.