3, SPIRE VIEW, BOTTESFORD, NOTTINGHAM, NG13 0FL - £326,500

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 SPIRE VIEW is a very large extended detached house of 170m², built sometime between 1996 and 2002, which could now be worth an estimated £519,586. It was last sold for £326,500 in November 2012, which was around 30% above the average November 2012 detached price in the Melton local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

3 SPIRE VIEW Sold Prices

Land registry data shows three sales for 3 SPIRE VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. The three 3 SPIRE VIEW sales were a mix of above the average price, and roughly equal to 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
2012 1 NOV	£326,500	£251,085	30% above HPI
2007 29 OCT	£270,000	£268,798	Close to HPI
1997 10 JUN	£137,950	£87,021	59% above HPI

3 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 three 3 SPIRE VIEW sales between June 1997 and November 2012 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 October 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2012 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 3 SPIRE VIEW be worth now?

3 SPIRE VIEW might now be worth an estimated £519,586.

This is based on house price inflation of 59.1%, between November 2012 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 59.1% inflationary increase is applied to the most recent sale price for 3 SPIRE VIEW of £326,500 on 1st November 2012. For the value to have increased from £326,500 to £519,586 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 SPIRE VIEW has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2012 sale price of £326,500 represented a fair market value for the property.
• The size, condition, and specification of 3 SPIRE VIEW has not materially changed since November 2012.

How Large is 3 SPIRE VIEW?

3 SPIRE VIEW is 170m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 20% 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 3 SPIRE VIEW lies on this distribution: 85% of detached houses houses are smaller than 3 SPIRE VIEW, and 15% of houses are larger. Note that EPC data is not available for all properties in Bottesford.

3 SPIRE VIEW: Plot and Title Map

3 SPIRE VIEW sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 3 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 3 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 3 SPIRE VIEW?

3 SPIRE VIEW is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 3 on SPIRE VIEW.