The victory completed a memorable weekend for owner Spence, who is a vice-president at Premier League Chelsea, having watched his side defeat Manchester City just 24 hours earlier.
Spence said: "He did it impressively. He enjoyed it. He pricked his ears and bounded away at the end of it. He dictated the race and Noel gave him a great ride.
"He is not a bad jumper, he just jumps everything differently but is getting the knack of doing it.
"You can see by the way he ran and from what the jockey said that he would probably get a bit further, but going up four furlongs to three miles is a long way.
"As it stands the Ryanair would be the race for him at Cheltenham. It's nice way to end the weekend."
Lizzie Kelly, rider of Tea For Two, pointed to a step back up in trip for the King George as the seven-year-old's next port of call.
She said: "Coming here we were unsure of a lot of things - trip, ground and competition - but he was really good, as he has so little experience in comparison to the others.
"He jumped absolutely fantastic the whole way round and he made up ground easily. He didn't quite have that turn of foot to get there.
"This was all a prep run for the King George. Hopefully he will run really well."
As for third-placed More Of That, connections, despite being disappointed, felt it was a step in the right direction after he was pulled up when favourite for the BetVictor Gold Cup at Cheltenham last month.
Sir Anthony McCoy, representing owner JP McManus, said: "He has run better than at Cheltenham. It's progress, but it's a long way off what we are hoping for from him.
"We are still a bit disappointed, but it is progress. Hopefully he will improve again. He would need to, but at least he finished the race well."