3, SPENCER CLOSE, UTTOXETER, ST14 8YA - £420,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SPENCER CLOSE is a very large extended detached house of 190m², built sometime between 1996 and 2002, which could now be worth an estimated £504,471. It was last sold for £420,000 in March 2021, which was around 47% above the average March 2021 detached price in the East Staffordshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

3 SPENCER CLOSE Sold Prices

Land registry data shows two sales for 3 SPENCER 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 East Staffordshire local authority area for the corresponding sale date. Both of the two 3 SPENCER CLOSE 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
2021 22 MAR	£420,000	£285,270	47% above HPI
2000 18 AUG	£181,750	£98,066	85% above HPI

3 SPENCER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The two 3 SPENCER CLOSE sales from August 2000 and March 2021 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 August 2000 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the March 2021 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 3 SPENCER CLOSE be worth now?

3 SPENCER CLOSE might now be worth an estimated £504,471.

This is based on house price inflation of 20.1%, between March 2021 and February 2025, for detached houses, in the East Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for 3 SPENCER CLOSE of £420,000 on 22nd March 2021. For the value to have increased from £420,000 to £504,471 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 3 SPENCER CLOSE has moved in line with the HPI for detached houses in the East Staffordshire local authority area.
• The March 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPENCER CLOSE has not materially changed since March 2021.

How Large is 3 SPENCER CLOSE?

3 SPENCER CLOSE is 190m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses houses in Uttoxeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Uttoxeter, and where 3 SPENCER CLOSE lies on this distribution: 92% of detached houses houses are smaller than 3 SPENCER CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Uttoxeter.

3 SPENCER CLOSE: Plot and Title Map

3 SPENCER CLOSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 3 SPENCER 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 3 SPENCER 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 3 SPENCER CLOSE?

3 SPENCER CLOSE is located in UTTOXETER, in the ST14 postcode district. The below map shows the position of No. 3 on SPENCER CLOSE.