1, SULBY CLOSE, SPALDING, PE11 3QS - £316,000

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 SULBY CLOSE is a large detached house of 136m², which could now be worth an estimated £302,918. It was last sold for £316,000 in November 2022, which was around 6% above the average November 2022 detached price in the South Holland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

1 SULBY CLOSE Sold Prices

Land registry data shows two sales for 1 SULBY CLOSE 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. Both of the two 1 SULBY CLOSE 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
2022 30 NOV	£316,000	£298,340	6% above HPI
2019 9 APR	£248,995	£231,422	8% above HPI

1 SULBY 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 two 1 SULBY CLOSE sales from April 2019 and November 2022 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 2019 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2022 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 1 SULBY CLOSE be worth now?

1 SULBY CLOSE might now be worth an estimated £302,918.

This is based on house price deflation of 4.1%, between November 2022 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 4.1% deflationary decrease is applied to the most recent sale price for 1 SULBY CLOSE of £316,000 on 30th November 2022. For the value to have decreased from £316,000 to £302,918 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 SULBY CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2022 sale price of £316,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SULBY CLOSE has not materially changed since November 2022.

How Large is 1 SULBY CLOSE?

1 SULBY CLOSE is 136m² according to the EPC inspection conducted in March 2019. This puts it in the largest 30% 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 SULBY CLOSE lies on this distribution: 75% of detached houses houses are smaller than 1 SULBY CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 SULBY CLOSE: Plot and Title Map

1 SULBY CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 1 SULBY 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 SULBY 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 SULBY CLOSE?

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