2, CAVENDISH WAY, SPALDING, PE11 1PX - £179,950

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

2 CAVENDISH WAY is a large extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £179,950 in August 2009, which was around 21% above the average August 2009 detached price in the South Holland local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was C.

2 CAVENDISH WAY Sold Prices

Land registry data shows three sales for 2 CAVENDISH 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. Two of the three 2 CAVENDISH WAY sales were for above the average price, whilst one was 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
2009 26 AUG	£179,950	£149,151	21% above HPI
2008 3 JUL	£175,000	£188,340	7% below HPI
2002 27 MAR	£102,500	£100,218	2% above HPI

2 CAVENDISH 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 2 CAVENDISH WAY sales between March 2002 and August 2009 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 July 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2009 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 2 CAVENDISH WAY?

2 CAVENDISH WAY is 130m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 2 CAVENDISH WAY lies on this distribution: 71% of detached houses are smaller than 2 CAVENDISH WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 CAVENDISH WAY: Plot and Title Map

2 CAVENDISH WAY sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 2 CAVENDISH 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 2 CAVENDISH 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 2 CAVENDISH WAY?

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