15, BELLFIELD CLOSE, SPALDING, PE11 1JG - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 BELLFIELD CLOSE is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £220,000 in June 2023, which was around 22% below the average June 2023 detached price in the South Holland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

15 BELLFIELD CLOSE Sold Prices

Land registry data shows two sales for 15 BELLFIELD 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. Both of the two 15 BELLFIELD CLOSE 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
2023 16 JUN	£220,000	£280,770	22% below HPI
2021 26 JUL	£158,000	£256,823	38% below HPI

15 BELLFIELD 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 15 BELLFIELD CLOSE sales from July 2021 and June 2023 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 July 2021 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 15 BELLFIELD CLOSE be worth now?

15 BELLFIELD CLOSE might now be worth an estimated £224,089.

This is based on house price inflation of 1.9%, between June 2023 and December 2024, 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 1.9% inflationary increase is applied to the most recent sale price for 15 BELLFIELD CLOSE of £220,000 on 16th June 2023. For the value to have increased from £220,000 to £224,089 over the six months to December 2024, the following assumptions must hold true:

• The value of 15 BELLFIELD CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The June 2023 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BELLFIELD CLOSE has not materially changed since June 2023.

How Large is 15 BELLFIELD CLOSE?

15 BELLFIELD CLOSE is 63m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 15 BELLFIELD CLOSE lies on this distribution: 4% of detached houses houses are smaller than 15 BELLFIELD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Spalding.

15 BELLFIELD CLOSE: Plot and Title Map

15 BELLFIELD CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 15 BELLFIELD 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 15 BELLFIELD 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 15 BELLFIELD CLOSE?

15 BELLFIELD CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 15 on BELLFIELD CLOSE.