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
5 SPENCER ROAD is a very large extended detached house of 131m², built sometime between 1900 and 1929. It was last sold for £227,500 in January 2017, which was around 2% above the average January 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 SPENCER ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. One of the two 5 SPENCER ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2017 12 JAN | £227,500 | £222,624 | 2% above HPI |
2001 29 JUN | £80,000 | £91,630 | 13% below HPI |
The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 5 SPENCER ROAD sales from June 2001 and January 2017 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 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2017 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
5 SPENCER ROAD is 131m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the largest 20% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 5 SPENCER ROAD lies on this distribution: 82% of detached houses are smaller than 5 SPENCER ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Belper.
5 SPENCER ROAD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 5 SPENCER ROAD, 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 5 SPENCER ROAD). 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.
5 SPENCER ROAD is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 5 on SPENCER ROAD.