15, CLOVER WAY, SPALDING, PE11 3GD - £217,000

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 CLOVER WAY is a large extended detached house of 131m², built sometime between 1991 and 1995. It was last sold for £217,000 in November 2014, which was around 19% above the average November 2014 detached price in the South Holland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was C.

15 CLOVER WAY Sold Prices

Land registry data shows four sales for 15 CLOVER WAY 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. Most of the four 15 CLOVER WAY sales 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
2014 28 NOV	£217,000	£182,839	19% above HPI
2006 17 FEB	£173,000	£182,891	5% below HPI
2000 21 AUG	£89,000	£85,926	4% above HPI
1996 25 APR	£64,950	£54,742	19% above HPI

15 CLOVER WAY 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 15 CLOVER WAY sales between April 1996 and November 2014 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 February 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2014 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 15 CLOVER WAY be worth now?

15 CLOVER WAY might now be worth an estimated £339,422.

This is based on house price inflation of 56.4%, between November 2014 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 56.4% inflationary increase is applied to the most recent sale price for 15 CLOVER WAY of £217,000 on 28th November 2014. For the value to have increased from £217,000 to £339,422 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 15 CLOVER WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2014 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CLOVER WAY has not materially changed since November 2014.

How Large is 15 CLOVER WAY?

15 CLOVER WAY is 131m², which includes three extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 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 15 CLOVER WAY lies on this distribution: 72% of detached houses houses are smaller than 15 CLOVER WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Spalding.

15 CLOVER WAY: Plot and Title Map

15 CLOVER WAY sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 15 CLOVER WAY, 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 CLOVER WAY). 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 CLOVER WAY?

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