39, FAIRVIEW WAY, SPALDING, PE11 3PL - £175,000

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

39 FAIRVIEW WAY is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £175,000 in September 2021, which was around 33% below the average September 2021 detached price in the South Holland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

39 FAIRVIEW WAY Sold Prices

Land registry data shows three sales for 39 FAIRVIEW WAY 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. Two of the three 39 FAIRVIEW WAY sales were for below the average price, whilst one was 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 3 SEP	£175,000	£262,721	33% below HPI
1997 6 JUN	£58,500	£57,940	1% above HPI
1995 2 OCT	£51,000	£55,535	8% below HPI

39 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 three 39 FAIRVIEW WAY sales between October 1995 and September 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 June 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 39 FAIRVIEW WAY?

39 FAIRVIEW WAY is 68m² according to the EPC inspection conducted in January 2021. 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 39 FAIRVIEW WAY lies on this distribution: 6% of detached houses are smaller than 39 FAIRVIEW WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Spalding.

39 FAIRVIEW WAY: Plot and Title Map

39 FAIRVIEW WAY sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 39 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 39 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 39 FAIRVIEW WAY?

39 FAIRVIEW WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 39 on FAIRVIEW WAY.