18, DERWENT WAY, SPALDING, PE11 3WX - £225,000

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

18 DERWENT WAY is a large detached house of 121m², built sometime from 2012 onwards. It was last sold for £225,000 in July 2017, which was about the average July 2017 detached price in the South Holland local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

18 DERWENT WAY Sold Prices

Land registry data shows two sales for 18 DERWENT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. One of the two 18 DERWENT WAY sales was roughly equal to the average price, whilst the other 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
2017 12 JUL	£225,000	£224,502	Close to HPI
2013 30 OCT	£194,995	£173,985	12% above HPI

18 DERWENT 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 two 18 DERWENT WAY sales from October 2013 and July 2017 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 2013 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 18 DERWENT WAY?

18 DERWENT WAY is 121m² according to the EPC inspection conducted in January 2024. This puts it in the largest 40% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 18 DERWENT WAY lies on this distribution: 62% of detached houses are smaller than 18 DERWENT WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Spalding.

18 DERWENT WAY: Plot and Title Map

18 DERWENT WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 18 DERWENT 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 18 DERWENT 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 18 DERWENT WAY?

18 DERWENT WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 18 on DERWENT WAY.