7, PARK CLOSE, SPALDING, PE11 1PP - £295,000

7 PARK CLOSE is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £295,000 in August 2022, which was around 2% below the average August 2022 detached price in the South Holland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

7 PARK CLOSE Sold Prices

Land registry data shows three sales for 7 PARK CLOSE 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. Two of the three 7 PARK CLOSE sales were for below the average price, whilst one was 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
2022 3 AUG	£295,000	£299,678	2% below HPI
2007 29 OCT	£160,000	£197,710	19% below HPI
1995 24 AUG	£53,750	£52,857	2% above HPI

7 PARK CLOSE 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 7 PARK CLOSE sales between August 1995 and August 2022 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 October 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 PARK CLOSE?

7 PARK CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 7 PARK CLOSE lies on this distribution: 53% of detached houses are smaller than 7 PARK CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Spalding.

7 PARK CLOSE: Plot and Title Map

7 PARK CLOSE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 7 PARK CLOSE, 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 7 PARK CLOSE). 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 7 PARK CLOSE?

7 PARK CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 7 on PARK CLOSE.