12, RUTLAND CLOSE, SPALDING, PE11 1UY - £310,000

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

12 RUTLAND CLOSE is a large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £310,000 in December 2022, which was around 3% above the average December 2022 detached price in the South Holland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

12 RUTLAND CLOSE Sold Prices

Land registry data shows two sales for 12 RUTLAND 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 RUTLAND CLOSE sales was for above the average price, whilst the other 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
2022 12 DEC	£310,000	£300,425	3% above HPI
2014 18 SEP	£170,000	£183,974	8% below HPI

12 RUTLAND 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 RUTLAND CLOSE sales from September 2014 and December 2022 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 September 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 12 RUTLAND CLOSE?

12 RUTLAND CLOSE is 127m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 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 12 RUTLAND CLOSE lies on this distribution: 68% of detached houses are smaller than 12 RUTLAND CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Spalding.

12 RUTLAND CLOSE: Plot and Title Map

12 RUTLAND CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 12 RUTLAND 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 RUTLAND 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 RUTLAND CLOSE?

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