28, FAIRVIEW WAY, SPALDING, PE11 3PL - £189,000

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

28 FAIRVIEW WAY is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £189,000 in November 2015, which was around 4% below the average November 2015 detached price in the South Holland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

28 FAIRVIEW WAY Sold Prices

Land registry data shows two sales for 28 FAIRVIEW 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 28 FAIRVIEW 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
2015 25 NOV	£189,000	£197,594	4% below HPI
2013 14 MAR	£161,000	£162,523	1% below HPI

28 FAIRVIEW 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 28 FAIRVIEW WAY sales from March 2013 and November 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 March 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 28 FAIRVIEW WAY?

28 FAIRVIEW WAY is 69m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 28 FAIRVIEW WAY lies on this distribution: 7% of detached houses are smaller than 28 FAIRVIEW WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Spalding.

28 FAIRVIEW WAY: Plot and Title Map

28 FAIRVIEW WAY sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 28 FAIRVIEW 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 28 FAIRVIEW 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 28 FAIRVIEW WAY?

28 FAIRVIEW WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 28 on FAIRVIEW WAY.