1, BUTTERCUP CLOSE, SPALDING, PE11 1YS - £274,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 BUTTERCUP CLOSE is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £274,000 in November 2014, which was around 50% above the average November 2014 detached price in the South Holland local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

1 BUTTERCUP CLOSE Sold Prices

Land registry data shows two sales for 1 BUTTERCUP CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two 1 BUTTERCUP CLOSE 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
2014 20 NOV	£274,000	£182,839	50% above HPI
1998 28 MAY	£109,950	£62,824	75% above HPI

1 BUTTERCUP 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 two 1 BUTTERCUP CLOSE sales from May 1998 and November 2014 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 May 1998 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the November 2014 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 1 BUTTERCUP CLOSE be worth now?

1 BUTTERCUP CLOSE might now be worth an estimated £428,579.

This is based on house price inflation of 56.4%, between November 2014 and December 2024, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.4% inflationary increase is applied to the most recent sale price for 1 BUTTERCUP CLOSE of £274,000 on 20th November 2014. For the value to have increased from £274,000 to £428,579 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 BUTTERCUP CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2014 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BUTTERCUP CLOSE has not materially changed since November 2014.

How Large is 1 BUTTERCUP CLOSE?

1 BUTTERCUP CLOSE is 125m² according to the EPC inspection conducted in June 2011. This puts it in the largest 40% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 1 BUTTERCUP CLOSE lies on this distribution: 67% of detached houses houses are smaller than 1 BUTTERCUP CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 BUTTERCUP CLOSE: Plot and Title Map

1 BUTTERCUP CLOSE sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of 1 BUTTERCUP 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 1 BUTTERCUP 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 1 BUTTERCUP CLOSE?

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