1, HOEKMAN WAY, SPALDING, PE11 3HE - £250,000

1 HOEKMAN WAY is a very large extended detached house of 157m², built sometime between 1991 and 1995. It was last sold for £250,000 in April 2010, which was around 45% above the average April 2010 detached price in the South Holland local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

1 HOEKMAN WAY Sold Prices

Land registry data shows three sales for 1 HOEKMAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 1 HOEKMAN WAY 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
2010 23 APR	£250,000	£171,856	45% above HPI
2006 20 MAR	£235,000	£181,380	30% above HPI
1995 22 SEP	£87,500	£54,852	60% above HPI

1 HOEKMAN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 1 HOEKMAN WAY sales between September 1995 and April 2010 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 2006 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the April 2010 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 1 HOEKMAN WAY?

1 HOEKMAN WAY is 157m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 1 HOEKMAN WAY lies on this distribution: 86% of detached houses are smaller than 1 HOEKMAN WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 HOEKMAN WAY: Plot and Title Map

1 HOEKMAN WAY sits on a plot of roughly 0.275 of an acre, or 1,112m². The below map shows the location of 1 HOEKMAN WAY, 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 1 HOEKMAN WAY). 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 1 HOEKMAN WAY?

1 HOEKMAN WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 1 on HOEKMAN WAY.