23, NICOLETTE WAY, SPALDING, PE11 1RT - £172,500

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

23 NICOLETTE WAY is a very small detached house of 79m², built sometime between 2003 and 2006. It was last sold for £172,500 in August 2019, which was around 27% below the average August 2019 detached price in the South Holland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

23 NICOLETTE WAY Sold Prices

Land registry data shows two sales for 23 NICOLETTE WAY 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 23 NICOLETTE WAY 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
2019 13 AUG	£172,500	£235,256	27% below HPI
2007 18 JUN	£159,950	£194,892	18% below HPI

23 NICOLETTE WAY 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 23 NICOLETTE WAY sales from June 2007 and August 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 June 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 23 NICOLETTE WAY?

23 NICOLETTE WAY is 79m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 23 NICOLETTE WAY lies on this distribution: 16% of detached houses are smaller than 23 NICOLETTE WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Spalding.

23 NICOLETTE WAY: Plot and Title Map

23 NICOLETTE WAY sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 23 NICOLETTE WAY, 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 23 NICOLETTE WAY). 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 23 NICOLETTE WAY?

23 NICOLETTE WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 23 on NICOLETTE WAY.