2A, FAIRVIEW WAY, SPALDING, PE11 3PL - £415,000

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

2A FAIRVIEW WAY is a small detached house of 93m², built sometime between 1900 and 1929. It was last sold for £415,000 in April 2021, which was around 64% above the average April 2021 detached price in the South Holland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

2A FAIRVIEW WAY Sold Prices

Land registry data shows two sales for 2A 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 2A FAIRVIEW WAY 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
2021 7 APR	£415,000	£252,405	64% above HPI
2012 10 FEB	£280,000	£161,055	74% above HPI

2A 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 2A FAIRVIEW WAY sales from February 2012 and April 2021 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 February 2012 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the April 2021 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 2A FAIRVIEW WAY?

2A FAIRVIEW WAY is 93m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 2A FAIRVIEW WAY lies on this distribution: 31% of detached houses are smaller than 2A FAIRVIEW WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2A FAIRVIEW WAY: Plot and Title Map

2A FAIRVIEW WAY sits on a plot of roughly 0.250 of an acre, or 1,010m². The below map shows the location of 2A 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 2A 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 2A FAIRVIEW WAY?

2A FAIRVIEW WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 2A on FAIRVIEW WAY.