2, HALMER GARDENS, SPALDING, PE11 2EF - £161,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 HALMER GARDENS is a midsized detached house of 102m², built sometime between 1930 and 1949, which could now be worth an estimated £234,081. It was last sold for £161,500 in August 2007, which was around 16% below the average August 2007 detached price in the South Holland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

2 HALMER GARDENS Sold Prices

Land registry data shows two sales for 2 HALMER GARDENS 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 HALMER GARDENS 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
2007 31 AUG	£161,500	£191,924	16% below HPI
2005 9 AUG	£140,000	£169,334	17% below HPI

2 HALMER GARDENS 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 HALMER GARDENS sales from August 2005 and August 2007 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 August 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2007 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 HALMER GARDENS be worth now?

2 HALMER GARDENS might now be worth an estimated £234,081.

This is based on house price inflation of 44.9%, between August 2007 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 44.9% inflationary increase is applied to the most recent sale price for 2 HALMER GARDENS of £161,500 on 31st August 2007. For the value to have increased from £161,500 to £234,081 over the eighteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 HALMER GARDENS has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2007 sale price of £161,500 represented a fair market value for the property.
• The size, condition, and specification of 2 HALMER GARDENS has not materially changed since August 2007.

How Large is 2 HALMER GARDENS?

2 HALMER GARDENS is 102m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% 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 HALMER GARDENS lies on this distribution: 40% of detached houses houses are smaller than 2 HALMER GARDENS, and 59% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 HALMER GARDENS: Plot and Title Map

2 HALMER GARDENS sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 2 HALMER GARDENS, 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 HALMER GARDENS). 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 HALMER GARDENS?

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