THE SPRUCE, HIGHGROVE GARDENS, EDWALTON, NOTTINGHAM, NG12 4DF - £885,000

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.

THE SPRUCE is a very large extended detached house of 266m², built sometime from 2007 onwards, which could now be worth an estimated £1,181,354. It was last sold for £885,000 in September 2018, which was around 136% above the average September 2018 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was B.

THE SPRUCE Sold Prices

Land registry data shows three sales for THE SPRUCE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three THE SPRUCE 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
2018 28 SEP	£885,000	£374,750	136% above HPI
2012 29 MAR	£560,000	£267,212	110% above HPI
2007 3 MAY	£499,950	£281,958	77% above HPI

THE SPRUCE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three THE SPRUCE sales between May 2007 and September 2018 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 March 2012 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the September 2018 sale, where it rises to 136% above the HPI. The line then continues to track at 136% above the HPI.

What might THE SPRUCE be worth now?

THE SPRUCE might now be worth an estimated £1,181,354.

This is based on house price inflation of 33.5%, between September 2018 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.5% inflationary increase is applied to the most recent sale price for THE SPRUCE of £885,000 on 28th September 2018. For the value to have increased from £885,000 to £1,181,354 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of THE SPRUCE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The September 2018 sale price of £885,000 represented a fair market value for the property.
• The size, condition, and specification of THE SPRUCE has not materially changed since September 2018.

How Large is THE SPRUCE?

THE SPRUCE is 266m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 10% of detached houses houses in Edwalton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edwalton, and where THE SPRUCE lies on this distribution: 93% of detached houses houses are smaller than THE SPRUCE, and 7% of houses are larger. Note that EPC data is not available for all properties in Edwalton.

THE SPRUCE: Plot and Title Map

THE SPRUCE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of THE SPRUCE, 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 THE SPRUCE). 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 THE SPRUCE?

THE SPRUCE is located on HIGHGROVE GARDENS in EDWALTON, in the NG12 postcode district. The below map shows the position of THE SPRUCE on HIGHGROVE GARDENS.