1, NICOLETTE WAY, SPALDING, PE11 1RT - £15,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 NICOLETTE WAY is a very small extended detached house of 61m², built sometime between 1983 and 1990. It was last sold for £15,000 in January 2002, which was around 85% below the average January 2002 detached price in the South Holland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

1 NICOLETTE WAY Sold Prices

Land registry data shows two sales for 1 NICOLETTE WAY 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. One of the two 1 NICOLETTE WAY sales was for below the average price, whilst the other was 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
2002 28 JAN	£15,000	£100,024	85% below HPI
1995 28 FEB	£51,950	£51,323	1% above HPI

1 NICOLETTE 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 two 1 NICOLETTE WAY sales from February 1995 and January 2002 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 February 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2002 sale, where it falls to 85% below the HPI. The line then continues to track at 85% below the HPI.

How Large is 1 NICOLETTE WAY?

1 NICOLETTE WAY is 61m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 NICOLETTE WAY lies on this distribution: 3% of detached houses are smaller than 1 NICOLETTE WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 NICOLETTE WAY: Plot and Title Map

1 NICOLETTE WAY sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 1 NICOLETTE 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 NICOLETTE 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 NICOLETTE WAY?

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