8, SPENCER AVENUE, WOODTHORPE, CHESTERFIELD, S43 3BX - £225,000

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.

8 SPENCER AVENUE is a small detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £293,489. It was last sold for £225,000 in April 2020, which was around 10% below the average April 2020 detached price in the Chesterfield local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

8 SPENCER AVENUE Sold Prices

Land registry data shows two sales for 8 SPENCER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chesterfield local authority area for the corresponding sale date. Both of the two 8 SPENCER AVENUE 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
2020 30 APR	£225,000	£250,068	10% below HPI
2016 16 MAY	£118,333	£219,039	46% below HPI

8 SPENCER AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chesterfield local authority area over time, sourced from the HPI. The two 8 SPENCER AVENUE sales from May 2016 and April 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 May 2016 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the April 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 8 SPENCER AVENUE be worth now?

8 SPENCER AVENUE might now be worth an estimated £293,489.

This is based on house price inflation of 30.4%, between April 2020 and February 2025, for detached houses, in the Chesterfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.4% inflationary increase is applied to the most recent sale price for 8 SPENCER AVENUE of £225,000 on 30th April 2020. For the value to have increased from £225,000 to £293,489 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 8 SPENCER AVENUE has moved in line with the HPI for detached houses in the Chesterfield local authority area.
• The April 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPENCER AVENUE has not materially changed since April 2020.

How Large is 8 SPENCER AVENUE?

8 SPENCER AVENUE is 101m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses houses in Woodthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodthorpe, and where 8 SPENCER AVENUE lies on this distribution: 36% of detached houses houses are smaller than 8 SPENCER AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Woodthorpe.

8 SPENCER AVENUE: Plot and Title Map

8 SPENCER AVENUE sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of 8 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 8 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 8 SPENCER AVENUE?

8 SPENCER AVENUE is located in WOODTHORPE, in the S43 postcode district. The below map shows the position of No. 8 on SPENCER AVENUE.