3, MAYFAIR CLOSE, FLEET HARGATE, SPALDING, PE12 8JZ - £150,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MAYFAIR CLOSE is a very small semi-detached house of 68m², built sometime between 2003 and 2006. It was last sold for £150,000 in October 2015, which was around 24% below the average October 2015 detached price in the South Holland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

3 MAYFAIR CLOSE Sold Prices

Land registry data shows two sales for 3 MAYFAIR CLOSE 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 3 MAYFAIR CLOSE 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 16 OCT	£150,000	£196,397	24% below HPI
2007 13 JUN	£160,000	£194,892	18% below HPI

3 MAYFAIR CLOSE 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 3 MAYFAIR CLOSE sales from June 2007 and October 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 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 MAYFAIR CLOSE?

3 MAYFAIR CLOSE is 68m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Fleet Hargate, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet Hargate, and where 3 MAYFAIR CLOSE lies on this distribution: 14% of detached houses are smaller than 3 MAYFAIR CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Fleet Hargate.

3 MAYFAIR CLOSE: Plot and Title Map

3 MAYFAIR CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 MAYFAIR CLOSE, 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 3 MAYFAIR CLOSE). 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 3 MAYFAIR CLOSE?

3 MAYFAIR CLOSE is located in FLEET HARGATE, in the PE12 postcode district. The below map shows the position of No. 3 on MAYFAIR CLOSE.