1, PATRIOT CLOSE, SPALDING, PE11 1YA - £235,000

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 PATRIOT CLOSE is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £235,000 in September 2021, which was around 11% below the average September 2021 detached price in the South Holland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

1 PATRIOT CLOSE Sold Prices

Land registry data shows four sales for 1 PATRIOT CLOSE 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 PATRIOT 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
2021 24 SEP	£235,000	£262,721	11% below HPI
2015 8 JAN	£166,500	£187,823	11% below HPI
2001 20 APR	£89,000	£91,960	3% below HPI
1998 28 JUL	£74,575	£62,920	19% above HPI

1 PATRIOT 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 four 1 PATRIOT CLOSE sales between July 1998 and September 2021 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 January 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2021 sale, which was also at 11% below the HPI.

How Large is 1 PATRIOT CLOSE?

1 PATRIOT CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% 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 PATRIOT CLOSE lies on this distribution: 36% of detached houses are smaller than 1 PATRIOT CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 PATRIOT CLOSE: Plot and Title Map

1 PATRIOT CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 1 PATRIOT 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 PATRIOT 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 PATRIOT CLOSE?

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