16, AKITA CLOSE, SPALDING, PE11 3GJ - £99,950

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

16 AKITA CLOSE is a very small detached house of 63m², built sometime between 1996 and 2002. It was last sold for £99,950 in August 2002, which was around 12% below the average August 2002 detached price in the South Holland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

16 AKITA CLOSE Sold Prices

Land registry data shows three sales for 16 AKITA CLOSE 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. All of the three 16 AKITA 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
2002 29 AUG	£99,950	£114,036	12% below HPI
2001 10 AUG	£79,000	£97,348	19% below HPI
1999 10 JUN	£67,500	£70,892	5% below HPI

16 AKITA 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 three 16 AKITA CLOSE sales between June 1999 and August 2002 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 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2002 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 16 AKITA CLOSE?

16 AKITA CLOSE is 63m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 16 AKITA CLOSE lies on this distribution: 4% of detached houses are smaller than 16 AKITA CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Spalding.

16 AKITA CLOSE: Plot and Title Map

16 AKITA CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 16 AKITA 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 16 AKITA 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 16 AKITA CLOSE?

16 AKITA CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 16 on AKITA CLOSE.