15, FARRIER WAY, SPALDING, PE11 3GG - £250,000

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

15 FARRIER WAY is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £250,000 in August 2021, which was around 4% below the average August 2021 detached price in the South Holland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

15 FARRIER WAY Sold Prices

Land registry data shows three sales for 15 FARRIER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Two of the three 15 FARRIER WAY sales were for below the average price, whilst one was 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
2021 27 AUG	£250,000	£261,111	4% below HPI
2003 12 JUN	£129,995	£138,951	6% below HPI
2000 15 MAY	£90,750	£78,776	15% above HPI

15 FARRIER 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 three 15 FARRIER WAY sales between May 2000 and August 2021 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 June 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 15 FARRIER WAY?

15 FARRIER WAY is 80m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 15 FARRIER WAY lies on this distribution: 16% of detached houses are smaller than 15 FARRIER WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Spalding.

15 FARRIER WAY: Plot and Title Map

15 FARRIER WAY sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 15 FARRIER 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 FARRIER 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 FARRIER WAY?

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