14, CLAY LAKE, SPALDING, PE11 2QG - £125,000

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

14 CLAY LAKE is a very small detached house of 51m², built sometime between 1950 and 1966. It was last sold for £125,000 in July 2016, which was around 40% below the average July 2016 detached price in the South Holland local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

14 CLAY LAKE Sold Prices

Land registry data shows two sales for 14 CLAY LAKE 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. Both of the two 14 CLAY LAKE sales were 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
2016 1 JUL	£125,000	£207,416	40% below HPI
2013 6 NOV	£82,500	£170,290	52% below HPI

14 CLAY LAKE 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 14 CLAY LAKE sales from November 2013 and July 2016 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 November 2013 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2016 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 14 CLAY LAKE?

14 CLAY LAKE is 51m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 14 CLAY LAKE lies on this distribution: 1% of detached houses are smaller than 14 CLAY LAKE, and 99% of houses are larger. Note that EPC data is not available for all properties in Spalding.

14 CLAY LAKE: Plot and Title Map

14 CLAY LAKE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 14 CLAY LAKE, 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 14 CLAY LAKE). 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 14 CLAY LAKE?

14 CLAY LAKE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 14 on CLAY LAKE.