6, THE SPRING, LONG EATON, NOTTINGHAM, NG10 1PJ - £255,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 THE SPRING is a very small detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £251,908. It was last sold for £255,000 in August 2023, which was around 22% below the average August 2023 detached price in the Erewash 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.

6 THE SPRING Sold Prices

Land registry data shows four sales for 6 THE SPRING since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 6 THE SPRING sales were 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
2023 23 AUG	£255,000	£326,419	22% below HPI
2004 16 JUL	£119,950	£172,262	30% below HPI
2002 16 AUG	£88,500	£116,809	24% below HPI
1997 31 OCT	£56,400	£70,020	19% below HPI

6 THE SPRING Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 6 THE SPRING sales between October 1997 and August 2023 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 July 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 6 THE SPRING be worth now?

6 THE SPRING might now be worth an estimated £251,908.

This is based on house price deflation of 1.2%, between August 2023 and December 2024, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% deflationary decrease is applied to the most recent sale price for 6 THE SPRING of £255,000 on 23rd August 2023. For the value to have decreased from £255,000 to £251,908 over the eight months to December 2024, the following assumptions must hold true:

• The value of 6 THE SPRING has moved in line with the HPI for detached houses in the Erewash local authority area.
• The August 2023 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE SPRING has not materially changed since August 2023.

How Large is 6 THE SPRING?

6 THE SPRING is 67m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of detached houses houses in Long Eaton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Eaton, and where 6 THE SPRING lies on this distribution: 8% of detached houses houses are smaller than 6 THE SPRING, and 91% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.

6 THE SPRING: Plot and Title Map

6 THE SPRING sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 6 THE SPRING, 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 6 THE SPRING). 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 6 THE SPRING?

6 THE SPRING is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 6 on THE SPRING.