SPENCER HOUSE, NURSERY ROAD, NAZEING, WALTHAM ABBEY, EN9 2JF - £787,500

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.

SPENCER HOUSE is a very large extended detached house of 317m², built sometime between 1967 and 1975, which could now be worth an estimated £1,161,108. It was last sold for £787,500 in August 2014, which was around 12% above the average August 2014 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

SPENCER HOUSE Sold Prices

Land registry data shows five sales for SPENCER HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. Most of the five SPENCER HOUSE 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
2014 15 AUG	£787,500	£704,628	12% above HPI
2007 30 NOV	£662,000	£576,089	15% above HPI
2004 10 DEC	£195,000	£482,792	60% below HPI
2001 3 JUL	£127,500	£336,980	62% below HPI
1996 8 MAR	£57,500	£164,286	65% below HPI

SPENCER HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The five SPENCER HOUSE sales between March 1996 and August 2014 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 November 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2014 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might SPENCER HOUSE be worth now?

SPENCER HOUSE might now be worth an estimated £1,161,108.

This is based on house price inflation of 47.4%, between August 2014 and February 2025, for detached houses, in the Epping Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.4% inflationary increase is applied to the most recent sale price for SPENCER HOUSE of £787,500 on 15th August 2014. For the value to have increased from £787,500 to £1,161,108 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of SPENCER HOUSE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The August 2014 sale price of £787,500 represented a fair market value for the property.
• The size, condition, and specification of SPENCER HOUSE has not materially changed since August 2014.

How Large is SPENCER HOUSE?

SPENCER HOUSE is 317m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 10% of detached houses houses in Lower Nazeing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lower Nazeing, and where SPENCER HOUSE lies on this distribution: 95% of detached houses houses are smaller than SPENCER HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Lower Nazeing.

SPENCER HOUSE: Plot and Title Map

SPENCER HOUSE sits on a plot of roughly 0.378 of an acre, or 1,530m². The below map shows the location of SPENCER HOUSE, 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 SPENCER HOUSE). 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 SPENCER HOUSE?

SPENCER HOUSE is located on NURSERY ROAD in NAZEING, in the EN9 postcode district. The below map shows the position of SPENCER HOUSE on NURSERY ROAD.