8, SPIRE VIEW, BOTTESFORD, NOTTINGHAM, NG13 0FL - £395,000

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.

8 SPIRE VIEW is a large extended detached house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £502,711. It was last sold for £395,000 in August 2017, which was around 29% above the average August 2017 detached price in the Melton local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was C.

8 SPIRE VIEW Sold Prices

Land registry data shows three sales for 8 SPIRE VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 8 SPIRE VIEW 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
2017 21 AUG	£395,000	£307,148	29% above HPI
2001 13 DEC	£179,000	£142,125	26% above HPI
1998 26 MAR	£139,950	£100,381	39% above HPI

8 SPIRE VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 8 SPIRE VIEW sales between March 1998 and August 2017 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 December 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2017 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 8 SPIRE VIEW be worth now?

8 SPIRE VIEW might now be worth an estimated £502,711.

This is based on house price inflation of 27.3%, between August 2017 and March 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.3% inflationary increase is applied to the most recent sale price for 8 SPIRE VIEW of £395,000 on 21st August 2017. For the value to have increased from £395,000 to £502,711 over the eight years and five months to March 2025, the following assumptions must hold true:

• The value of 8 SPIRE VIEW has moved in line with the HPI for detached houses in the Melton local authority area.
• The August 2017 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPIRE VIEW has not materially changed since August 2017.

How Large is 8 SPIRE VIEW?

8 SPIRE VIEW is 150m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 30% of detached houses houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bottesford, and where 8 SPIRE VIEW lies on this distribution: 79% of detached houses houses are smaller than 8 SPIRE VIEW, and 21% of houses are larger. Note that EPC data is not available for all properties in Bottesford.

8 SPIRE VIEW: Plot and Title Map

8 SPIRE VIEW sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 8 SPIRE VIEW, 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 8 SPIRE VIEW). 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 8 SPIRE VIEW?

8 SPIRE VIEW is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 8 on SPIRE VIEW.