2, HALMER PADDOCK, SPALDING, PE11 2HF - £275,000

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 PADDOCK is a small detached house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £288,332. It was last sold for £275,000 in March 2024, which was around 1% above the average March 2024 detached price in the South Holland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

2 HALMER PADDOCK Sold Prices

Land registry data shows two sales for 2 HALMER PADDOCK 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 PADDOCK 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
2024 5 MAR	£275,000	£272,765	1% above HPI
1998 21 MAY	£72,950	£62,824	16% above HPI

2 HALMER PADDOCK 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 PADDOCK sales from May 1998 and March 2024 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 May 1998 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2024 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 HALMER PADDOCK be worth now?

2 HALMER PADDOCK might now be worth an estimated £288,332.

This is based on house price inflation of 4.8%, between March 2024 and December 2024, 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 4.8% inflationary increase is applied to the most recent sale price for 2 HALMER PADDOCK of £275,000 on 5th March 2024. For the value to have increased from £275,000 to £288,332 over the three months to December 2024, the following assumptions must hold true:

• The value of 2 HALMER PADDOCK has moved in line with the HPI for detached houses in the South Holland local authority area.
• The March 2024 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HALMER PADDOCK has not materially changed since March 2024.

How Large is 2 HALMER PADDOCK?

2 HALMER PADDOCK is 97m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% 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 PADDOCK lies on this distribution: 34% of detached houses houses are smaller than 2 HALMER PADDOCK, and 64% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 HALMER PADDOCK: Plot and Title Map

2 HALMER PADDOCK sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 2 HALMER PADDOCK, 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 PADDOCK). 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 PADDOCK?

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