1, GALWAY CLOSE, SPALDING, PE11 3FL - £76,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 GALWAY CLOSE is a very small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £236,446. It was last sold for £76,500 in May 2001, which was around 15% below the average May 2001 detached price in the South Holland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

1 GALWAY CLOSE Sold Prices

Land registry data shows three sales for 1 GALWAY 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. All of the three 1 GALWAY 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
2001 11 MAY	£76,500	£90,002	15% below HPI
2000 25 APR	£66,500	£77,085	14% below HPI
1997 13 JUN	£55,750	£57,656	3% below HPI

1 GALWAY 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 1 GALWAY CLOSE sales between June 1997 and May 2001 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 April 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2001 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 GALWAY CLOSE be worth now?

1 GALWAY CLOSE might now be worth an estimated £236,446.

This is based on house price inflation of 209.1%, between May 2001 and February 2025, 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 209.1% inflationary increase is applied to the most recent sale price for 1 GALWAY CLOSE of £76,500 on 11th May 2001. For the value to have increased from £76,500 to £236,446 over the 24 years and three months to February 2025, the following assumptions must hold true:

• The value of 1 GALWAY CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2001 sale price of £76,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GALWAY CLOSE has not materially changed since May 2001.

How Large is 1 GALWAY CLOSE?

1 GALWAY CLOSE is 76m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% 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 GALWAY CLOSE lies on this distribution: 14% of detached houses houses are smaller than 1 GALWAY CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 GALWAY CLOSE: Plot and Title Map

1 GALWAY CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 1 GALWAY 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 GALWAY 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 GALWAY CLOSE?

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