2, GORSE WAY, SPALDING, PE11 1GR - £372,000

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 GORSE WAY is a very large detached house of 283m², built sometime between 1996 and 2002. It was last sold for £372,000 in February 2014, which was around 113% above the average February 2014 detached price in the South Holland local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

2 GORSE WAY Sold Prices

Land registry data shows three sales for 2 GORSE 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 GORSE 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
2014 28 FEB	£372,000	£174,564	113% above HPI
2009 30 MAR	£380,000	£159,581	138% above HPI
2000 30 JUN	£249,995	£82,405	203% above HPI

2 GORSE 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 GORSE WAY sales between June 2000 and February 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 2009 sale was for 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the February 2014 sale, where it falls to 113% above the HPI. The line then continues to track at 113% above the HPI.

How Large is 2 GORSE WAY?

2 GORSE WAY is 283m² according to the EPC inspection conducted in April 2024. This puts it in the largest 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 GORSE WAY lies on this distribution: 99% of detached houses are smaller than 2 GORSE WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 GORSE WAY: Plot and Title Map

2 GORSE WAY sits on a plot of roughly 0.255 of an acre, or 1,032m². The below map shows the location of 2 GORSE 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 GORSE 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 GORSE WAY?

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