1, TRURO WAY, SPALDING, PE11 1YB - £173,000

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 TRURO WAY is a very small detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £213,309. It was last sold for £173,000 in August 2020, which was around 25% below the average August 2020 detached price in the South Holland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

1 TRURO WAY Sold Prices

Land registry data shows five sales for 1 TRURO WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 1 TRURO 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
2020 14 AUG	£173,000	£231,946	25% below HPI
2014 17 FEB	£148,000	£173,709	15% below HPI
2007 14 NOV	£152,000	£197,139	23% below HPI
2001 21 SEP	£79,500	£97,527	18% below HPI
1998 30 OCT	£62,500	£64,938	4% below HPI

1 TRURO 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 five 1 TRURO WAY sales between October 1998 and August 2020 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 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 1 TRURO WAY be worth now?

1 TRURO WAY might now be worth an estimated £213,309.

This is based on house price inflation of 23.3%, between August 2020 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 23.3% inflationary increase is applied to the most recent sale price for 1 TRURO WAY of £173,000 on 14th August 2020. For the value to have increased from £173,000 to £213,309 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 TRURO WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2020 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TRURO WAY has not materially changed since August 2020.

How Large is 1 TRURO WAY?

1 TRURO WAY is 72m² according to the EPC inspection conducted in September 2015. 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 TRURO WAY lies on this distribution: 9% of detached houses houses are smaller than 1 TRURO WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 TRURO WAY: Plot and Title Map

1 TRURO WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 1 TRURO 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 TRURO 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 TRURO WAY?

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