8, SPENCER STREET, STANLEY COMMON, ILKESTON, DE7 6GA - £355,000

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

8 SPENCER STREET is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £355,000 in September 2022, which was around 17% above the average September 2022 detached price in the Erewash local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

8 SPENCER STREET Sold Prices

Land registry data shows three sales for 8 SPENCER STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 8 SPENCER STREET 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
2022 16 SEP	£355,000	£302,250	17% above HPI
2012 5 APR	£220,000	£167,263	32% above HPI
2002 21 JUN	£148,950	£105,910	41% above HPI

8 SPENCER STREET 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 three 8 SPENCER STREET sales between June 2002 and September 2022 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 April 2012 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2022 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 8 SPENCER STREET?

8 SPENCER STREET is 112m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses in Stanley Common, based on EPC data. The below chart shows the distribution of detached houses by size in Stanley Common, and where 8 SPENCER STREET lies on this distribution: 45% of detached houses are smaller than 8 SPENCER STREET, and 55% of houses are larger. Note that EPC data is not available for all properties in Stanley Common.

8 SPENCER STREET: Plot and Title Map

8 SPENCER STREET sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 8 SPENCER STREET, 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 STREET). 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 STREET?

8 SPENCER STREET is located in STANLEY COMMON, in the DE7 postcode district. The below map shows the position of No. 8 on SPENCER STREET.