2, THE CHANTRY, SPALDING, PE11 3LF - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE CHANTRY is a very large extended detached house of 175m², built sometime between 1983 and 1990, which could now be worth an estimated £372,966. It was last sold for £315,000 in January 2019, which was around 34% above the average January 2019 detached price in the South Holland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

2 THE CHANTRY Sold Prices

Land registry data shows two sales for 2 THE CHANTRY 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 THE CHANTRY 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
2019 28 JAN	£315,000	£234,944	34% above HPI
2010 7 MAY	£195,000	£174,265	12% above HPI

2 THE CHANTRY 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 THE CHANTRY sales from May 2010 and January 2019 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 2010 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2019 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 2 THE CHANTRY be worth now?

2 THE CHANTRY might now be worth an estimated £372,966.

This is based on house price inflation of 18.4%, between January 2019 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 18.4% inflationary increase is applied to the most recent sale price for 2 THE CHANTRY of £315,000 on 28th January 2019. For the value to have increased from £315,000 to £372,966 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 THE CHANTRY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The January 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE CHANTRY has not materially changed since January 2019.

How Large is 2 THE CHANTRY?

2 THE CHANTRY is 175m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 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 THE CHANTRY lies on this distribution: 91% of detached houses houses are smaller than 2 THE CHANTRY, and 8% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 THE CHANTRY: Plot and Title Map

2 THE CHANTRY sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 2 THE CHANTRY, 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 THE CHANTRY). 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 THE CHANTRY?

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