3, SPENCER DRIVE, NUTHALL, NOTTINGHAM, NG16 1DQ - £525,000

3 SPENCER DRIVE is a very large extended detached house of 257m², built sometime between 1930 and 1949. It was last sold for £525,000 in March 2015, which was around 153% above the average March 2015 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

3 SPENCER DRIVE Sold Prices

Land registry data shows two sales for 3 SPENCER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 3 SPENCER DRIVE 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
2015 31 MAR	£525,000	£207,263	153% above HPI
2012 26 OCT	£255,000	£186,990	36% above HPI

3 SPENCER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 3 SPENCER DRIVE sales from October 2012 and March 2015 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 October 2012 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the March 2015 sale, where it rises to 153% above the HPI. The line then continues to track at 153% above the HPI.

How Large is 3 SPENCER DRIVE?

3 SPENCER DRIVE is 257m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% of detached houses in Nuthall, based on EPC data. The below chart shows the distribution of detached houses by size in Nuthall, and where 3 SPENCER DRIVE lies on this distribution: 99% of detached houses are smaller than 3 SPENCER DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Nuthall.

3 SPENCER DRIVE: Plot and Title Map

3 SPENCER DRIVE sits on a plot of roughly 0.380 of an acre, or 1,538m². The below map shows the location of 3 SPENCER DRIVE, 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 3 SPENCER DRIVE). 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 3 SPENCER DRIVE?

3 SPENCER DRIVE is located in NUTHALL, in the NG16 postcode district. The below map shows the position of No. 3 on SPENCER DRIVE.