11, MALVERN CLOSE, SPALDING, PE11 2DQ - £220,000

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 MALVERN CLOSE is a small extended detached house of 98m², built sometime between 1976 and 1982. It was last sold for £220,000 in March 2024, which was around 20% below the average March 2024 detached price in the South Holland local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

11 MALVERN CLOSE Sold Prices

Land registry data shows six sales for 11 MALVERN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. The six 11 MALVERN CLOSE sales were a mix of below the average price, and roughly equal to 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
2024 1 MAR	£220,000	£273,400	20% below HPI
2023 19 DEC	£255,000	£282,788	10% below HPI
2018 22 OCT	£174,000	£237,899	27% below HPI
2011 23 SEP	£133,000	£171,153	22% below HPI
2000 17 NOV	£81,000	£84,898	5% below HPI
1995 21 APR	£51,000	£51,203	Close to HPI

11 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 six 11 MALVERN CLOSE sales between April 1995 and March 2024 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 December 2023 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 11 MALVERN CLOSE?

11 MALVERN CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 MALVERN CLOSE lies on this distribution: 36% of detached houses are smaller than 11 MALVERN CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Spalding.

11 MALVERN CLOSE: Plot and Title Map

11 MALVERN CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 11 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 11 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 11 MALVERN CLOSE?

11 MALVERN CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 11 on MALVERN CLOSE.