23, SPENCER AVENUE, MAPPERLEY, NOTTINGHAM, NG3 5SP - £400,000

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

23 SPENCER AVENUE is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £400,000 in June 2019, which was around 50% above the average June 2019 detached price in the Gedling local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

23 SPENCER AVENUE Sold Prices

Land registry data shows two sales for 23 SPENCER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 23 SPENCER AVENUE 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
2019 26 JUN	£400,000	£266,861	50% above HPI
1995 30 JUN	£117,000	£74,365	57% above HPI

23 SPENCER AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 23 SPENCER AVENUE sales from June 1995 and June 2019 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 June 1995 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the June 2019 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 23 SPENCER AVENUE?

23 SPENCER AVENUE is 119m² according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 23 SPENCER AVENUE lies on this distribution: 59% of detached houses are smaller than 23 SPENCER AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Arnold.

23 SPENCER AVENUE: Plot and Title Map

23 SPENCER AVENUE sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 23 SPENCER AVENUE, 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 23 SPENCER AVENUE). 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 23 SPENCER AVENUE?

23 SPENCER AVENUE is located in MAPPERLEY, in the NG3 postcode district. The below map shows the position of No. 23 on SPENCER AVENUE.