11, CLEVELAND CLOSE, SPALDING, PE12 6BE - £150,000

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

11 CLEVELAND CLOSE is a small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £150,000 in February 2011, which was around 9% below the average February 2011 detached price in the South Holland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was C.

11 CLEVELAND CLOSE Sold Prices

Land registry data shows two sales for 11 CLEVELAND 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. One of the two 11 CLEVELAND CLOSE 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
2011 18 FEB	£150,000	£164,863	9% below HPI
1998 31 JUL	£66,000	£62,920	5% above HPI

11 CLEVELAND 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 11 CLEVELAND CLOSE sales from July 1998 and February 2011 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 July 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2011 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 11 CLEVELAND CLOSE?

11 CLEVELAND CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in August 2010. 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 11 CLEVELAND CLOSE lies on this distribution: 39% of detached houses are smaller than 11 CLEVELAND CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Spalding.

11 CLEVELAND CLOSE: Plot and Title Map

11 CLEVELAND CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 11 CLEVELAND 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 11 CLEVELAND 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 11 CLEVELAND CLOSE?

11 CLEVELAND CLOSE is located in SPALDING, in the PE12 postcode district. The below map shows the position of No. 11 on CLEVELAND CLOSE.