14, JUBILEE CLOSE, SPALDING, PE11 1YD - £148,000

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.

14 JUBILEE CLOSE is a small detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £247,131. It was last sold for £148,000 in November 2011, which was around 11% below the average November 2011 detached price in the South Holland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

14 JUBILEE CLOSE Sold Prices

Land registry data shows four sales for 14 JUBILEE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. two of the four 14 JUBILEE CLOSE sales were for below the average price, and four were 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 22 NOV	£148,000	£166,593	11% below HPI
2002 15 AUG	£117,000	£113,477	3% above HPI
2001 28 AUG	£86,000	£96,871	11% below HPI
1997 7 JUL	£67,664	£57,273	18% above HPI

14 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 four 14 JUBILEE CLOSE sales between July 1997 and November 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 August 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2011 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 14 JUBILEE CLOSE be worth now?

14 JUBILEE CLOSE might now be worth an estimated £247,131.

This is based on house price inflation of 67%, between November 2011 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 67% inflationary increase is applied to the most recent sale price for 14 JUBILEE CLOSE of £148,000 on 22nd November 2011. For the value to have increased from £148,000 to £247,131 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 JUBILEE CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2011 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 14 JUBILEE CLOSE has not materially changed since November 2011.

How Large is 14 JUBILEE CLOSE?

14 JUBILEE CLOSE is 87m² according to the EPC inspection conducted in February 2011. 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 14 JUBILEE CLOSE lies on this distribution: 25% of detached houses houses are smaller than 14 JUBILEE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Spalding.

14 JUBILEE CLOSE: Plot and Title Map

14 JUBILEE CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 14 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 14 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 14 JUBILEE CLOSE?

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