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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE SPRUCE is a very large extended detached house of 266m², built sometime from 2007 onwards. 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	£374,732	136% above HPI
2012 29 MAR	£560,000	£267,199	110% above HPI
2007 3 MAY	£499,950	£281,945	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.

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 in Edwalton, based on EPC data. The below chart shows the distribution of detached houses by size in Edwalton, and where THE SPRUCE lies on this distribution: 93% of detached 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.