1, LANCELOT WAY, SPALDING, PE11 1JF - £111,000

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 LANCELOT WAY is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £111,000 in September 2012, which was around 35% below the average September 2012 detached price in the South Holland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

1 LANCELOT WAY Sold Prices

Land registry data shows three sales for 1 LANCELOT WAY 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 LANCELOT WAY 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
2012 10 SEP	£111,000	£169,564	35% below HPI
2004 7 APR	£100,000	£153,209	35% below HPI
2001 20 JUL	£55,500	£92,881	40% below HPI

1 LANCELOT 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 three 1 LANCELOT WAY sales between July 2001 and September 2012 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 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2012 sale, which was also at 35% below the HPI.

What might 1 LANCELOT WAY be worth now?

1 LANCELOT WAY might now be worth an estimated £187,214.

This is based on house price inflation of 68.7%, between September 2012 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 68.7% inflationary increase is applied to the most recent sale price for 1 LANCELOT WAY of £111,000 on 10th September 2012. For the value to have increased from £111,000 to £187,214 over the eleven years and nine months to December 2024, the following assumptions must hold true:

• The value of 1 LANCELOT WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2012 sale price of £111,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LANCELOT WAY has not materially changed since September 2012.

How Large is 1 LANCELOT WAY?

1 LANCELOT WAY is 62m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% 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 LANCELOT WAY lies on this distribution: 4% of detached houses houses are smaller than 1 LANCELOT WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 LANCELOT WAY: Plot and Title Map

1 LANCELOT WAY sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 1 LANCELOT 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 LANCELOT 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 LANCELOT WAY?

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