38, SPENCER ROAD, BELPER, DE56 1JY - £450,000

38 SPENCER ROAD is a large extended detached house of 116m², built sometime between 1900 and 1929. It was last sold for £450,000 in February 2023, which was around 33% above the average February 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

38 SPENCER ROAD Sold Prices

Land registry data shows two sales for 38 SPENCER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 38 SPENCER ROAD 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
2023 24 FEB	£450,000	£339,089	33% above HPI
2004 12 MAR	£166,000	£161,047	3% above HPI

38 SPENCER ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 38 SPENCER ROAD sales from March 2004 and February 2023 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 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2023 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 38 SPENCER ROAD?

38 SPENCER ROAD is 116m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 38 SPENCER ROAD lies on this distribution: 69% of detached houses are smaller than 38 SPENCER ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Belper.

38 SPENCER ROAD: Plot and Title Map

38 SPENCER ROAD sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 38 SPENCER ROAD, 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 38 SPENCER ROAD). 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 38 SPENCER ROAD?

38 SPENCER ROAD is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 38 on SPENCER ROAD.