15, SPICER CLOSE, BEESTON, NOTTINGHAM, NG9 6NW - £171,000

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

15 SPICER CLOSE is a very small semi-detached house of 68m², built sometime between 1991 and 1995. It was last sold for £171,000 in July 2016, which was around 25% below the average July 2016 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

15 SPICER CLOSE Sold Prices

Land registry data shows two sales for 15 SPICER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 15 SPICER CLOSE 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
2016 22 JUL	£171,000	£228,832	25% below HPI
2008 25 JUL	£147,000	£193,548	24% below HPI

15 SPICER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 15 SPICER CLOSE sales from July 2008 and July 2016 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 July 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 15 SPICER CLOSE?

15 SPICER CLOSE is 68m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 15 SPICER CLOSE lies on this distribution: 7% of detached houses are smaller than 15 SPICER CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Beeston.

15 SPICER CLOSE: Plot and Title Map

15 SPICER CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 15 SPICER CLOSE, 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 15 SPICER CLOSE). 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 15 SPICER CLOSE?

15 SPICER CLOSE is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 15 on SPICER CLOSE.