4, SPENCER AVENUE, MAPPERLEY, NOTTINGHAM, NG3 5SP - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 SPENCER AVENUE is a midsized detached house of 112m², built sometime between 1991 and 1995. It was last sold for £385,000 in February 2020, which was around 40% above the average February 2020 detached price in the Gedling local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

4 SPENCER AVENUE Sold Prices

Land registry data shows three sales for 4 SPENCER AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 4 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
2020 4 FEB	£385,000	£274,492	40% above HPI
2004 30 NOV	£299,950	£200,509	50% above HPI
2001 15 JUN	£170,000	£114,197	49% above HPI

4 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 three 4 SPENCER AVENUE sales between June 2001 and February 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 November 2004 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2020 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 4 SPENCER AVENUE?

4 SPENCER AVENUE is 112m² according to the EPC inspection conducted in January 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 4 SPENCER AVENUE lies on this distribution: 50% of detached houses are smaller than 4 SPENCER AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Arnold.

4 SPENCER AVENUE: Plot and Title Map

4 SPENCER AVENUE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 4 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 4 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 4 SPENCER AVENUE?

4 SPENCER AVENUE is located in MAPPERLEY, in the NG3 postcode district. The below map shows the position of No. 4 on SPENCER AVENUE.