10, SPENCER CLOSE, STRETTON, BURTON-ON-TRENT, DE13 0ER - £124,000

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.

10 SPENCER CLOSE is a very small extended semi-detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £194,276. It was last sold for £124,000 in June 2007, which was around 14% below the average June 2007 semi-detached price in the East Staffordshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was B.

10 SPENCER CLOSE Sold Prices

Land registry data shows three sales for 10 SPENCER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Staffordshire local authority area for the corresponding sale date. All of the three 10 SPENCER CLOSE 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
2007 11 JUN	£124,000	£143,498	14% below HPI
2003 1 AUG	£83,500	£104,288	20% below HPI
1997 20 AUG	£40,750	£45,281	10% below HPI

10 SPENCER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The three 10 SPENCER CLOSE sales between August 1997 and June 2007 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 August 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2007 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 10 SPENCER CLOSE be worth now?

10 SPENCER CLOSE might now be worth an estimated £194,276.

This is based on house price inflation of 56.7%, between June 2007 and May 2026, for semi-detached houses, in the East Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.7% inflationary increase is applied to the most recent sale price for 10 SPENCER CLOSE of £124,000 on 11th June 2007. For the value to have increased from £124,000 to £194,276 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 10 SPENCER CLOSE has moved in line with the HPI for semi-detached houses in the East Staffordshire local authority area.
• The June 2007 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SPENCER CLOSE has not materially changed since June 2007.

How Large is 10 SPENCER CLOSE?

10 SPENCER CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of semi-detached houses houses in Burton upon Trent, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Burton upon Trent, and where 10 SPENCER CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 10 SPENCER CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Burton upon Trent.

10 SPENCER CLOSE: Plot and Title Map

10 SPENCER CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 10 SPENCER CLOSE, 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 10 SPENCER CLOSE). 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 10 SPENCER CLOSE?

10 SPENCER CLOSE is located in STRETTON, in the DE13 postcode district. The below map shows the position of No. 10 on SPENCER CLOSE.