12, JUBILEE CLOSE, SPALDING, PE11 1YD - £220,000

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.

12 JUBILEE CLOSE is a small extended detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £211,717. It was last sold for £220,000 in December 2024, which was around 24% below the average December 2024 detached price in the South Holland local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

12 JUBILEE CLOSE Sold Prices

Land registry data shows two sales for 12 JUBILEE 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 12 JUBILEE 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
2024 16 DEC	£220,000	£289,061	24% below HPI
1996 19 DEC	£67,160	£54,869	22% above HPI

12 JUBILEE 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 12 JUBILEE CLOSE sales from December 1996 and December 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 1996 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 12 JUBILEE CLOSE be worth now?

12 JUBILEE CLOSE might now be worth an estimated £211,717.

This is based on house price deflation of 3.8%, between December 2024 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 3.8% deflationary decrease is applied to the most recent sale price for 12 JUBILEE CLOSE of £220,000 on 16th December 2024. For the value to have decreased from £220,000 to £211,717 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 12 JUBILEE CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2024 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 12 JUBILEE CLOSE has not materially changed since December 2024.

How Large is 12 JUBILEE CLOSE?

12 JUBILEE CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 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 12 JUBILEE CLOSE lies on this distribution: 28% of detached houses houses are smaller than 12 JUBILEE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Spalding.

12 JUBILEE CLOSE: Plot and Title Map

12 JUBILEE CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 12 JUBILEE 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 12 JUBILEE 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 12 JUBILEE CLOSE?

12 JUBILEE CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 12 on JUBILEE CLOSE.