3, NICOLETTE WAY, SPALDING, PE11 1RT - £137,000

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

3 NICOLETTE WAY is a very small extended detached house of 76m², built sometime between 1991 and 1995. It was last sold for £137,000 in June 2012, which was around 19% below the average June 2012 detached price in the South Holland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

3 NICOLETTE WAY Sold Prices

Land registry data shows two sales for 3 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 3 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
2012 29 JUN	£137,000	£168,696	19% below HPI
1997 2 MAY	£55,995	£59,061	5% below HPI

3 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 3 NICOLETTE WAY sales from May 1997 and June 2012 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 May 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2012 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 NICOLETTE WAY?

3 NICOLETTE WAY is 76m², which includes one extension, according to the EPC inspection conducted in July 2022. 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 3 NICOLETTE WAY lies on this distribution: 13% of detached houses are smaller than 3 NICOLETTE WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Spalding.

3 NICOLETTE WAY: Plot and Title Map

3 NICOLETTE WAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 3 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 3 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 3 NICOLETTE WAY?

3 NICOLETTE WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 3 on NICOLETTE WAY.