2, BALMORAL AVENUE, SPALDING, PE11 2RN - £161,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 BALMORAL AVENUE is a very small extended detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £228,636. It was last sold for £161,000 in December 2015, which was around 18% below the average December 2015 detached price in the South Holland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

2 BALMORAL AVENUE Sold Prices

Land registry data shows two sales for 2 BALMORAL AVENUE 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. Both of the two 2 BALMORAL AVENUE 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
2015 2 DEC	£161,000	£195,886	18% below HPI
2013 18 DEC	£130,000	£167,323	22% below HPI

2 BALMORAL AVENUE 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 2 BALMORAL AVENUE sales from December 2013 and December 2015 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 December 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 BALMORAL AVENUE be worth now?

2 BALMORAL AVENUE might now be worth an estimated £228,636.

This is based on house price inflation of 42%, between December 2015 and February 2025, 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 42% inflationary increase is applied to the most recent sale price for 2 BALMORAL AVENUE of £161,000 on 2nd December 2015. For the value to have increased from £161,000 to £228,636 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 BALMORAL AVENUE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2015 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BALMORAL AVENUE has not materially changed since December 2015.

How Large is 2 BALMORAL AVENUE?

2 BALMORAL AVENUE is 75m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 2 BALMORAL AVENUE lies on this distribution: 12% of detached houses houses are smaller than 2 BALMORAL AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 BALMORAL AVENUE: Plot and Title Map

2 BALMORAL AVENUE sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of 2 BALMORAL AVENUE, 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 2 BALMORAL AVENUE). 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 2 BALMORAL AVENUE?

2 BALMORAL AVENUE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 2 on BALMORAL AVENUE.