2, SWIFT COURT, SPALDING, PE11 2FZ - £145,000

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 SWIFT COURT is a very small detached house of 65m², built sometime between 2003 and 2006. It was last sold for £145,000 in September 2004, which was around 7% below the average September 2004 detached price in the South Holland local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

2 SWIFT COURT Sold Prices

Land registry data shows two sales for 2 SWIFT COURT 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 SWIFT COURT 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
2004 17 SEP	£145,000	£156,558	7% below HPI
2003 18 DEC	£129,950	£150,749	14% below HPI

2 SWIFT COURT 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 SWIFT COURT sales from December 2003 and September 2004 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 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2004 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 SWIFT COURT be worth now?

2 SWIFT COURT might now be worth an estimated £264,876.

This is based on house price inflation of 82.7%, between September 2004 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 82.7% inflationary increase is applied to the most recent sale price for 2 SWIFT COURT of £145,000 on 17th September 2004. For the value to have increased from £145,000 to £264,876 over the nineteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 SWIFT COURT has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2004 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SWIFT COURT has not materially changed since September 2004.

How Large is 2 SWIFT COURT?

2 SWIFT COURT is 65m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% 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 SWIFT COURT lies on this distribution: 5% of detached houses houses are smaller than 2 SWIFT COURT, and 95% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 SWIFT COURT: Plot and Title Map

2 SWIFT COURT sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 2 SWIFT COURT, 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 SWIFT COURT). 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 SWIFT COURT?

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