4, BANBURY CLOSE, SPALDING, PE11 2BW - £210,000

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

4 BANBURY CLOSE is a midsized extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £210,000 in May 2017, which was around 5% below the average May 2017 detached price in the South Holland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

4 BANBURY CLOSE Sold Prices

Land registry data shows four sales for 4 BANBURY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 4 BANBURY 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
2017 5 MAY	£210,000	£221,206	5% below HPI
2014 23 OCT	£175,000	£181,718	4% below HPI
2001 14 SEP	£84,950	£98,007	13% below HPI
2000 4 OCT	£78,500	£87,647	10% below HPI

4 BANBURY 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 four 4 BANBURY CLOSE sales between October 2000 and May 2017 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 October 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 4 BANBURY CLOSE?

4 BANBURY CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 4 BANBURY CLOSE lies on this distribution: 45% of detached houses are smaller than 4 BANBURY CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Spalding.

4 BANBURY CLOSE: Plot and Title Map

4 BANBURY CLOSE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 4 BANBURY 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 4 BANBURY 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 4 BANBURY CLOSE?

4 BANBURY CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 4 on BANBURY CLOSE.