1, DAFFODIL CLOSE, SPALDING, PE11 1RE - £47,500

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 DAFFODIL CLOSE is a very small semi-detached house of 65m², built sometime between 1996 and 2002, which could now be worth an estimated £74,290. It was last sold for £47,500 in August 2006, which was around 62% below the average August 2006 semi-detached price in the South Holland local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

1 DAFFODIL CLOSE Sold Prices

Land registry data shows two sales for 1 DAFFODIL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. Both of the two 1 DAFFODIL 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
2006 23 AUG	£47,500	£125,876	62% below HPI
2005 30 JUN	£69,000	£117,467	41% below HPI

1 DAFFODIL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The two 1 DAFFODIL CLOSE sales from June 2005 and August 2006 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 June 2005 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2006 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

What might 1 DAFFODIL CLOSE be worth now?

1 DAFFODIL CLOSE might now be worth an estimated £74,290.

This is based on house price inflation of 56.4%, between August 2006 and December 2024, for semi-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 DAFFODIL CLOSE of £47,500 on 23rd August 2006. For the value to have increased from £47,500 to £74,290 over the seventeen years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 DAFFODIL CLOSE has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The August 2006 sale price of £47,500 represented a fair market value for the property.
• The size, condition, and specification of 1 DAFFODIL CLOSE has not materially changed since August 2006.

How Large is 1 DAFFODIL CLOSE?

1 DAFFODIL CLOSE is 65m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of semi-detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spalding, and where 1 DAFFODIL CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 1 DAFFODIL CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 DAFFODIL CLOSE: Plot and Title Map

1 DAFFODIL CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 1 DAFFODIL 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 DAFFODIL 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 DAFFODIL CLOSE?

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