9, SPENCER STREET, RINGSTEAD, KETTERING, NN14 4BX - £182,000

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.

9 SPENCER STREET is a small extended terraced house of 102m², built sometime between 1930 and 1949, which could now be worth an estimated £233,754. It was last sold for £182,000 in February 2020, which was around 15% above the average February 2020 terraced price in the North Northamptonshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was A.

9 SPENCER STREET Sold Prices

Land registry data shows three sales for 9 SPENCER STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 9 SPENCER STREET 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
2020 28 FEB	£182,000	£158,487	15% above HPI
2008 21 AUG	£155,000	£113,760	36% above HPI
1999 14 MAY	£83,000	£38,655	115% above HPI

9 SPENCER STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Northamptonshire local authority area over time, sourced from the HPI. The three 9 SPENCER STREET sales between May 1999 and February 2020 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 2008 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the February 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 9 SPENCER STREET be worth now?

9 SPENCER STREET might now be worth an estimated £233,754.

This is based on house price inflation of 28.4%, between February 2020 and May 2026, for terraced houses, in the North Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.4% inflationary increase is applied to the most recent sale price for 9 SPENCER STREET of £182,000 on 28th February 2020. For the value to have increased from £182,000 to £233,754 over the five years and nine months to May 2026, the following assumptions must hold true:

• The value of 9 SPENCER STREET has moved in line with the HPI for terraced houses in the North Northamptonshire local authority area.
• The February 2020 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPENCER STREET has not materially changed since February 2020.

How Large is 9 SPENCER STREET?

9 SPENCER STREET is 102m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of terraced houses houses in Ringstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ringstead, and where 9 SPENCER STREET lies on this distribution: 33% of terraced houses houses are smaller than 9 SPENCER STREET, and 67% of houses are larger. Note that EPC data is not available for all properties in Ringstead.

9 SPENCER STREET: Plot and Title Map

9 SPENCER STREET sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 9 SPENCER STREET, 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 9 SPENCER STREET). 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 9 SPENCER STREET?

9 SPENCER STREET is located in RINGSTEAD, in the NN14 postcode district. The below map shows the position of No. 9 on SPENCER STREET.