16, ESTELLA WAY, SPALDING, PE11 1HS - £223,000

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

16 ESTELLA WAY is a midsized detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £248,325. It was last sold for £223,000 in July 2021, which was around 13% below the average July 2021 detached price in the South Holland local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

16 ESTELLA WAY Sold Prices

Land registry data shows three sales for 16 ESTELLA 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. The three 16 ESTELLA WAY sales were a mix of below the average price, roughly equal to the average price, and 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 21 JUL	£223,000	£256,823	13% below HPI
2001 1 OCT	£99,950	£99,794	Close to HPI
1997 28 FEB	£65,950	£56,258	17% above HPI

16 ESTELLA 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 16 ESTELLA WAY sales between February 1997 and July 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 October 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 16 ESTELLA WAY be worth now?

16 ESTELLA WAY might now be worth an estimated £248,325.

This is based on house price inflation of 11.4%, between July 2021 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 11.4% inflationary increase is applied to the most recent sale price for 16 ESTELLA WAY of £223,000 on 21st July 2021. For the value to have increased from £223,000 to £248,325 over the two years and seven months to December 2024, the following assumptions must hold true:

• The value of 16 ESTELLA WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The July 2021 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ESTELLA WAY has not materially changed since July 2021.

How Large is 16 ESTELLA WAY?

16 ESTELLA WAY is 102m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% 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 16 ESTELLA WAY lies on this distribution: 40% of detached houses houses are smaller than 16 ESTELLA WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Spalding.

16 ESTELLA WAY: Plot and Title Map

16 ESTELLA WAY sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 16 ESTELLA 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 16 ESTELLA 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 16 ESTELLA WAY?

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