3, PARK CLOSE, SPALDING, PE11 1PP - £170,000

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 PARK CLOSE is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £170,000 in February 2021, which was around 31% below the average February 2021 detached price in the South Holland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

3 PARK CLOSE Sold Prices

Land registry data shows two sales for 3 PARK 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 PARK 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
2021 5 FEB	£170,000	£246,990	31% below HPI
1996 23 JUL	£50,000	£56,296	11% below HPI

3 PARK 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 PARK CLOSE sales from July 1996 and February 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 July 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 PARK CLOSE?

3 PARK CLOSE is 59m² according to the EPC inspection conducted in January 2020. 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 3 PARK CLOSE lies on this distribution: 2% of detached houses are smaller than 3 PARK CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Spalding.

3 PARK CLOSE: Plot and Title Map

3 PARK CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 3 PARK 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 PARK 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 PARK CLOSE?

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