5, SPENCER ROAD, BELPER, DE56 1JY - £422,500

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

5 SPENCER ROAD is a very large extended detached house of 131m², built sometime between 1900 and 1929. It was last sold for £422,500 in August 2024, which was around 27% above the average August 2024 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.

5 SPENCER ROAD Sold Prices

Land registry data shows three sales for 5 SPENCER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Two of the three 5 SPENCER ROAD sales were for above the average price, whilst one 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
2024 23 AUG	£422,500	£333,950	27% above HPI
2017 12 JAN	£227,500	£222,624	2% above HPI
2001 29 JUN	£80,000	£91,630	13% below HPI

5 SPENCER ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 5 SPENCER ROAD sales between June 2001 and August 2024 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 January 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2024 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 5 SPENCER ROAD?

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: Plot and Title Map

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.

Where is 5 SPENCER ROAD?

5 SPENCER ROAD is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 5 on SPENCER ROAD.