3, SPENCER CLOSE, ALSAGER, STOKE-ON-TRENT, ST7 2TA - £272,000

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.

3 SPENCER CLOSE is a small extended detached house of 110m², built sometime between 1976 and 1982, which could now be worth an estimated £372,884. It was last sold for £272,000 in June 2019, which was around 24% below the average June 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

3 SPENCER CLOSE Sold Prices

Land registry data shows eight sales for 3 SPENCER CLOSE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the eight 3 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
2019 14 JUN	£272,000	£358,451	24% below HPI
2017 26 MAY	£225,000	£335,148	33% below HPI
2016 27 OCT	£212,000	£326,434	35% below HPI
2014 13 MAR	£190,000	£292,839	35% below HPI
2007 17 JUL	£245,000	£293,572	17% below HPI
2007 17 JUL	£245,000	£293,572	17% below HPI
2003 2 OCT	£154,000	£218,118	29% below HPI
1999 18 AUG	£79,000	£122,591	36% below HPI

What might 3 SPENCER CLOSE be worth now?

3 SPENCER CLOSE might now be worth an estimated £372,884.

This is based on house price inflation of 37.1%, between June 2019 and May 2026, for detached houses, in the Cheshire East local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.1% inflationary increase is applied to the most recent sale price for 3 SPENCER CLOSE of £272,000 on 14th June 2019. For the value to have increased from £272,000 to £372,884 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 3 SPENCER CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The June 2019 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPENCER CLOSE has not materially changed since June 2019.

How Large is 3 SPENCER CLOSE?

3 SPENCER CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of detached houses in Alsager, based on EPC data. The below chart shows the distribution of detached houses by size in Alsager, and where 3 SPENCER CLOSE lies on this distribution: 39% of detached houses are smaller than 3 SPENCER CLOSE, and 60% of detached houses are larger. Note that EPC data is not available for all properties in Alsager.

3 SPENCER CLOSE: Plot

3 SPENCER CLOSE sits on a plot of roughly 0.132 of an acre, or 535m².

Where is 3 SPENCER CLOSE?

3 SPENCER CLOSE is located in ALSAGER, in the ST7 postcode district.