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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 VICTORIA MEWS is a midsized semi-detached house of 111m², built sometime between 2003 and 2006. It was last sold for £165,000 in March 2015, which was around 12% below the average March 2015 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 detached price in the South Holland local authority area for the corresponding sale date. One of the four 2 VICTORIA MEWS sales was for below the average price, whilst two 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	£188,030	12% below HPI
2005 24 JUN	£172,500	£173,242	Close to HPI
2001 23 MAY	£95,000	£90,445	5% above HPI
1999 25 JUN	£72,250	£70,892	2% above HPI

2 VICTORIA MEWS 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 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

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 detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 2 VICTORIA MEWS lies on this distribution: 51% of detached 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.