2, ESTELLA WAY, SPALDING, PE11 1HS - £230,000

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 ESTELLA WAY is a very large extended detached house of 144m², built sometime between 1991 and 1995. It was last sold for £230,000 in March 2020, which was around 1% below the average March 2020 detached price in the South Holland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

2 ESTELLA WAY Sold Prices

Land registry data shows four sales for 2 ESTELLA WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the four 2 ESTELLA WAY sales were 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
2020 31 MAR	£230,000	£232,523	1% below HPI
2000 8 JUN	£89,950	£82,405	9% above HPI
1997 21 OCT	£79,000	£59,132	34% above HPI
1996 5 JAN	£74,500	£55,323	35% above HPI

2 ESTELLA 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 four 2 ESTELLA WAY sales between January 1996 and March 2020 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 June 2000 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 ESTELLA WAY?

2 ESTELLA WAY is 144m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 20% 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 ESTELLA WAY lies on this distribution: 80% of detached houses are smaller than 2 ESTELLA WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 ESTELLA WAY: Plot and Title Map

2 ESTELLA WAY sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 2 ESTELLA 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 ESTELLA 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 ESTELLA WAY?

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