2, SPIRE VIEW, BOTTESFORD, NOTTINGHAM, NG13 0FL - £435,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SPIRE VIEW is a very large extended detached house of 180m², built sometime between 1991 and 1995, which could now be worth an estimated £538,492. It was last sold for £435,000 in March 2020, which was around 35% above the average March 2020 detached price in the Melton local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

2 SPIRE VIEW Sold Prices

Land registry data shows four sales for 2 SPIRE VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 2 SPIRE VIEW 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
2020 12 MAR	£435,000	£322,779	35% above HPI
2016 28 APR	£388,000	£286,519	35% above HPI
2005 9 DEC	£282,500	£233,117	21% above HPI
1998 19 JUN	£148,000	£96,010	54% above HPI

2 SPIRE VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The four 2 SPIRE VIEW sales between June 1998 and March 2020 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 April 2016 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2020 sale, which was also at 35% above the HPI.

What might 2 SPIRE VIEW be worth now?

2 SPIRE VIEW might now be worth an estimated £538,492.

This is based on house price inflation of 23.8%, between March 2020 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.8% inflationary increase is applied to the most recent sale price for 2 SPIRE VIEW of £435,000 on 12th March 2020. For the value to have increased from £435,000 to £538,492 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 2 SPIRE VIEW has moved in line with the HPI for detached houses in the Melton local authority area.
• The March 2020 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPIRE VIEW has not materially changed since March 2020.

How Large is 2 SPIRE VIEW?

2 SPIRE VIEW is 180m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bottesford, and where 2 SPIRE VIEW lies on this distribution: 90% of detached houses houses are smaller than 2 SPIRE VIEW, and 10% of houses are larger. Note that EPC data is not available for all properties in Bottesford.

2 SPIRE VIEW: Plot and Title Map

2 SPIRE VIEW sits on a plot of roughly 0.184 of an acre, or 743m². The below map shows the location of 2 SPIRE VIEW, 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 SPIRE VIEW). 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 2 SPIRE VIEW?

2 SPIRE VIEW is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 2 on SPIRE VIEW.