2, MAYFAIR CLOSE, FLEET HARGATE, SPALDING, PE12 8JZ - £255,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MAYFAIR CLOSE is a large detached house of 125m², built sometime between 2003 and 2006. It was last sold for £255,000 in June 2024, which was around 6% below the average June 2024 detached price in the South Holland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

2 MAYFAIR CLOSE Sold Prices

Land registry data shows three sales for 2 MAYFAIR CLOSE 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. Two of the three 2 MAYFAIR CLOSE sales were for below the average price, whilst one was 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 4 JUN	£255,000	£270,323	6% below HPI
2010 17 DEC	£172,000	£168,711	2% above HPI
2007 8 JUN	£175,000	£194,892	10% below HPI

2 MAYFAIR CLOSE 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 MAYFAIR CLOSE sales between June 2007 and June 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 December 2010 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 MAYFAIR CLOSE?

2 MAYFAIR CLOSE is 125m² according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of detached houses in Fleet Hargate, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet Hargate, and where 2 MAYFAIR CLOSE lies on this distribution: 75% of detached houses are smaller than 2 MAYFAIR CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Fleet Hargate.

2 MAYFAIR CLOSE: Plot and Title Map

2 MAYFAIR CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 MAYFAIR CLOSE, 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 MAYFAIR CLOSE). 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 MAYFAIR CLOSE?

2 MAYFAIR CLOSE is located in FLEET HARGATE, in the PE12 postcode district. The below map shows the position of No. 2 on MAYFAIR CLOSE.