18, MEADWAY, SPALDING, PE11 3LQ - £158,500

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 MEADWAY is a midsized extended detached house of 111m², built sometime between 1991 and 1995. It was last sold for £158,500 in October 2013, which was around 9% below the average October 2013 detached price in the South Holland local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

18 MEADWAY Sold Prices

Land registry data shows three sales for 18 MEADWAY 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 18 MEADWAY 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
2013 11 OCT	£158,500	£173,985	9% below HPI
2008 30 MAY	£165,000	£189,324	13% below HPI
1996 24 SEP	£54,000	£55,298	2% below HPI

18 MEADWAY 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 18 MEADWAY sales between September 1996 and October 2013 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 May 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2013 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 18 MEADWAY?

18 MEADWAY is 111m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 50% 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 MEADWAY lies on this distribution: 51% of detached houses are smaller than 18 MEADWAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Spalding.

18 MEADWAY: Plot and Title Map

18 MEADWAY sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 18 MEADWAY, 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 MEADWAY). 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 MEADWAY?

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