10, MALVERN CLOSE, SPALDING, PE11 2DQ - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 MALVERN CLOSE is a very large extended detached house of 165m², built sometime between 1976 and 1982, which could now be worth an estimated £329,816. It was last sold for £270,000 in October 2017, which was around 19% above the average October 2017 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 C.

10 MALVERN CLOSE Sold Prices

Land registry data shows three sales for 10 MALVERN CLOSE 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. Two of the three 10 MALVERN CLOSE sales were for above the average price, whilst one was 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
2017 26 OCT	£270,000	£227,727	19% above HPI
2006 20 FEB	£180,000	£182,891	2% below HPI
2003 4 AUG	£163,000	£137,065	19% above HPI

10 MALVERN 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 three 10 MALVERN CLOSE sales between August 2003 and October 2017 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 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2017 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 10 MALVERN CLOSE be worth now?

10 MALVERN CLOSE might now be worth an estimated £329,816.

This is based on house price inflation of 22.2%, between October 2017 and February 2025, 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 22.2% inflationary increase is applied to the most recent sale price for 10 MALVERN CLOSE of £270,000 on 26th October 2017. For the value to have increased from £270,000 to £329,816 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 10 MALVERN CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2017 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MALVERN CLOSE has not materially changed since October 2017.

How Large is 10 MALVERN CLOSE?

10 MALVERN CLOSE is 165m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% 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 10 MALVERN CLOSE lies on this distribution: 89% of detached houses houses are smaller than 10 MALVERN CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Spalding.

10 MALVERN CLOSE: Plot and Title Map

10 MALVERN CLOSE sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 10 MALVERN 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 10 MALVERN 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 10 MALVERN CLOSE?

10 MALVERN CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 10 on MALVERN CLOSE.