1, FAIRVIEW WAY, SPALDING, PE11 3PL - £187,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FAIRVIEW WAY is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £187,000 in May 2011, which was around 13% above the average May 2011 detached price in the South Holland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

1 FAIRVIEW WAY Sold Prices

Land registry data shows four sales for 1 FAIRVIEW WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the four 1 FAIRVIEW 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
2011 20 MAY	£187,000	£165,145	13% above HPI
2005 29 SEP	£101,250	£171,768	41% below HPI
2002 5 AUG	£148,500	£114,036	30% above HPI
2000 14 APR	£99,950	£77,464	29% above HPI

1 FAIRVIEW 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 four 1 FAIRVIEW WAY sales between April 2000 and May 2011 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 September 2005 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2011 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 1 FAIRVIEW WAY?

1 FAIRVIEW WAY is 111m² according to the EPC inspection conducted in March 2011. 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 1 FAIRVIEW WAY lies on this distribution: 51% of detached houses are smaller than 1 FAIRVIEW WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 FAIRVIEW WAY: Plot and Title Map

1 FAIRVIEW WAY sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 1 FAIRVIEW 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 FAIRVIEW 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 FAIRVIEW WAY?

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