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
22 THE SPRING is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £158,000 in January 2020, which was around 34% below the average January 2020 detached price in the Erewash local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 22 THE SPRING since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 22 THE SPRING 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 |
---|---|---|---|
2020 3 JAN | £158,000 | £238,436 | 34% below HPI |
2007 15 FEB | £127,500 | £186,936 | 32% below HPI |
2002 9 AUG | £97,000 | £113,301 | 14% below HPI |
2000 17 MAR | £60,000 | £72,494 | 17% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 22 THE SPRING sales between March 2000 and January 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 February 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
22 THE SPRING is 67m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Long Eaton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Eaton, and where 22 THE SPRING lies on this distribution: 8% of detached houses are smaller than 22 THE SPRING, and 92% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.
22 THE SPRING sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 22 THE SPRING, 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 22 THE SPRING). 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.
22 THE SPRING is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 22 on THE SPRING.