14, SPENCER STREET, STANLEY COMMON, ILKESTON, DE7 6GA - £405,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 SPENCER STREET is a large detached house of 133m², built sometime between 2007 and 2011. It was last sold for £405,000 in October 2023, which was around 30% above the average October 2023 detached price in the Erewash local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

14 SPENCER STREET Sold Prices

Land registry data shows five sales for 14 SPENCER STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the five 14 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
2023 13 OCT	£405,000	£310,991	30% above HPI
2021 11 JAN	£360,000	£262,140	37% above HPI
2016 28 JAN	£307,000	£204,804	50% above HPI
2010 30 APR	£277,500	£171,531	62% above HPI
2002 4 SEP	£168,950	£117,601	44% above HPI

14 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 five 14 SPENCER STREET sales between September 2002 and October 2023 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 January 2021 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2023 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 14 SPENCER STREET?

14 SPENCER STREET is 133m² according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses in Stanley Common, based on EPC data. The below chart shows the distribution of detached houses by size in Stanley Common, and where 14 SPENCER STREET lies on this distribution: 73% of detached houses are smaller than 14 SPENCER STREET, and 27% of houses are larger. Note that EPC data is not available for all properties in Stanley Common.

14 SPENCER STREET: Plot and Title Map

14 SPENCER STREET sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 14 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 14 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 14 SPENCER STREET?

14 SPENCER STREET is located in STANLEY COMMON, in the DE7 postcode district. The below map shows the position of No. 14 on SPENCER STREET.