2, VERNATTS GREEN, SPALDING, PE11 3NU - £195,000

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 VERNATTS GREEN is a small extended detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £305,919. It was last sold for £195,000 in May 2014, which was around 10% above the average May 2014 detached price in the South Holland local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was E.

2 VERNATTS GREEN Sold Prices

Land registry data shows seven sales for 2 VERNATTS GREEN since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the seven 2 VERNATTS GREEN 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
2014 12 MAY	£195,000	£177,317	10% above HPI
2011 30 JUN	£155,000	£158,631	2% below HPI
2010 5 NOV	£170,000	£168,695	1% above HPI
2006 7 JUL	£139,000	£180,889	23% below HPI
2003 23 OCT	£133,000	£146,893	9% below HPI
2000 28 APR	£75,000	£77,085	3% below HPI
1997 14 FEB	£60,000	£56,258	7% above HPI

2 VERNATTS GREEN 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 seven 2 VERNATTS GREEN sales between February 1997 and May 2014 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 June 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 VERNATTS GREEN be worth now?

2 VERNATTS GREEN might now be worth an estimated £305,919.

This is based on house price inflation of 56.9%, between May 2014 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 56.9% inflationary increase is applied to the most recent sale price for 2 VERNATTS GREEN of £195,000 on 12th May 2014. For the value to have increased from £195,000 to £305,919 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 2 VERNATTS GREEN has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2014 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VERNATTS GREEN has not materially changed since May 2014.

How Large is 2 VERNATTS GREEN?

2 VERNATTS GREEN is 94m², which includes two extensions, according to the EPC inspection conducted in May 2010. 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 VERNATTS GREEN lies on this distribution: 32% of detached houses houses are smaller than 2 VERNATTS GREEN, and 68% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 VERNATTS GREEN: Plot and Title Map

2 VERNATTS GREEN sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 2 VERNATTS GREEN, 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 VERNATTS GREEN). 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 VERNATTS GREEN?

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