2, VICTORIA MEWS, SPALDING, PE11 1XL - £165,000

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 VICTORIA MEWS is a midsized semi-detached house of 111m², built sometime between 2003 and 2006, which could now be worth an estimated £251,985. It was last sold for £165,000 in March 2015, which was around 32% above the average March 2015 semi-detached price in the South Holland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

2 VICTORIA MEWS Sold Prices

Land registry data shows four sales for 2 VICTORIA MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. All of the four 2 VICTORIA MEWS 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
2015 20 MAR	£165,000	£125,015	32% above HPI
2005 24 JUN	£172,500	£117,467	47% above HPI
2001 23 MAY	£95,000	£56,128	69% above HPI
1999 25 JUN	£72,250	£44,942	61% above HPI

2 VICTORIA MEWS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The four 2 VICTORIA MEWS sales between June 1999 and March 2015 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 2005 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the March 2015 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 2 VICTORIA MEWS be worth now?

2 VICTORIA MEWS might now be worth an estimated £251,985.

This is based on house price inflation of 52.7%, between March 2015 and March 2025, for semi-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 52.7% inflationary increase is applied to the most recent sale price for 2 VICTORIA MEWS of £165,000 on 20th March 2015. For the value to have increased from £165,000 to £251,985 over the ten years to March 2025, the following assumptions must hold true:

• The value of 2 VICTORIA MEWS has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The March 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VICTORIA MEWS has not materially changed since March 2015.

How Large is 2 VICTORIA MEWS?

2 VICTORIA MEWS is 111m² according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of semi-detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spalding, and where 2 VICTORIA MEWS lies on this distribution: 51% of semi-detached houses houses are smaller than 2 VICTORIA MEWS, and 49% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 VICTORIA MEWS: Plot and Title Map

2 VICTORIA MEWS sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 2 VICTORIA MEWS, 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 VICTORIA MEWS). 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 VICTORIA MEWS?

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