2, CHAUCERS WAY, SPALDING, PE11 1LH - £148,000

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

2 CHAUCERS WAY is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £148,000 in December 2014, which was around 20% below the average December 2014 detached price in the South Holland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

2 CHAUCERS WAY Sold Prices

Land registry data shows three sales for 2 CHAUCERS 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. All of the three 2 CHAUCERS WAY 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
2014 19 DEC	£148,000	£183,883	20% below HPI
2011 22 MAR	£135,000	£164,508	18% below HPI
2006 20 JUL	£128,000	£181,780	30% below HPI

2 CHAUCERS 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 CHAUCERS WAY sales between July 2006 and December 2014 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 March 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 CHAUCERS WAY?

2 CHAUCERS WAY is 56m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% 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 CHAUCERS WAY lies on this distribution: 1% of detached houses are smaller than 2 CHAUCERS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 CHAUCERS WAY: Plot and Title Map

2 CHAUCERS WAY sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 2 CHAUCERS 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 CHAUCERS 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 CHAUCERS WAY?

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