15, NICOLETTE WAY, SPALDING, PE11 1RT - £113,000

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 NICOLETTE WAY is a very small semi-detached house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £192,641. It was last sold for £113,000 in May 2005, which was around 2% below the average May 2005 semi-detached price in the South Holland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

15 NICOLETTE WAY Sold Prices

Land registry data shows three sales for 15 NICOLETTE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. One of the three 15 NICOLETTE WAY sales was for below the average price, whilst two 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
2005 13 MAY	£113,000	£115,481	2% below HPI
1999 15 JUL	£45,000	£43,676	3% above HPI
1996 29 NOV	£45,000	£34,938	29% above HPI

15 NICOLETTE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The three 15 NICOLETTE WAY sales between November 1996 and May 2005 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 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2005 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 15 NICOLETTE WAY be worth now?

15 NICOLETTE WAY might now be worth an estimated £192,641.

This is based on house price inflation of 70.5%, between May 2005 and December 2024, for semi-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 70.5% inflationary increase is applied to the most recent sale price for 15 NICOLETTE WAY of £113,000 on 13th May 2005. For the value to have increased from £113,000 to £192,641 over the eighteen years and five months to December 2024, the following assumptions must hold true:

• The value of 15 NICOLETTE WAY has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The May 2005 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NICOLETTE WAY has not materially changed since May 2005.

How Large is 15 NICOLETTE WAY?

15 NICOLETTE WAY is 54m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of semi-detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spalding, and where 15 NICOLETTE WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 15 NICOLETTE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Spalding.

15 NICOLETTE WAY: Plot and Title Map

15 NICOLETTE WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 15 NICOLETTE 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 NICOLETTE 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 NICOLETTE WAY?

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