3, STOUR CLOSE, SPALDING, PE11 3WZ - £222,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 STOUR CLOSE is a small detached house of 87m², which could now be worth an estimated £217,827. It was last sold for £222,000 in November 2023, which was around 22% below the average November 2023 detached price in the South Holland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

3 STOUR CLOSE Sold Prices

Land registry data shows three sales for 3 STOUR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 3 STOUR 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
2023 24 NOV	£222,000	£283,507	22% below HPI
2018 2 FEB	£175,000	£225,275	22% below HPI
2016 27 MAY	£161,995	£211,126	23% below HPI

3 STOUR 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 three 3 STOUR CLOSE sales between May 2016 and November 2023 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 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2023 sale, which was also at 22% below the HPI.

What might 3 STOUR CLOSE be worth now?

3 STOUR CLOSE might now be worth an estimated £217,827.

This is based on house price deflation of 1.9%, between November 2023 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% deflationary decrease is applied to the most recent sale price for 3 STOUR CLOSE of £222,000 on 24th November 2023. For the value to have decreased from £222,000 to £217,827 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 STOUR CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2023 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STOUR CLOSE has not materially changed since November 2023.

How Large is 3 STOUR CLOSE?

3 STOUR CLOSE is 87m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 3 STOUR CLOSE lies on this distribution: 24% of detached houses houses are smaller than 3 STOUR CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Spalding.

3 STOUR CLOSE: Plot and Title Map

3 STOUR CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 3 STOUR 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 STOUR 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 STOUR CLOSE?

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