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
2 SPENCERS ROAD is a very small semi-detached house of 90m², built sometime between 1967 and 1975. It was last sold for £210,000 in May 2015, which was around 34% below the average May 2015 detached price in the Rutland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 SPENCERS ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 2 SPENCERS ROAD 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 |
---|---|---|---|
2015 1 MAY | £210,000 | £317,636 | 34% below HPI |
2014 20 MAY | £124,999 | £318,237 | 61% below HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 2 SPENCERS ROAD sales from May 2014 and May 2015 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 May 2014 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the May 2015 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
2 SPENCERS ROAD is 90m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Ketton, based on EPC data. The below chart shows the distribution of detached houses by size in Ketton, and where 2 SPENCERS ROAD lies on this distribution: 9% of detached houses are smaller than 2 SPENCERS ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Ketton.
2 SPENCERS ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 2 SPENCERS ROAD, 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 2 SPENCERS ROAD). 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.
2 SPENCERS ROAD is located in KETTON, in the PE9 postcode district. The below map shows the position of No. 2 on SPENCERS ROAD.