4, CHESTNUT AVENUE, SPALDING, PE11 2LL - £134,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 CHESTNUT AVENUE is a small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £144,527. It was last sold for £134,995 in August 2021, which was around 48% below the average August 2021 detached price in the South Holland local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

4 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 4 CHESTNUT AVENUE 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 4 CHESTNUT AVENUE 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 AUG	£134,995	£259,832	48% below HPI
2008 22 FEB	£120,000	£192,866	38% below HPI

4 CHESTNUT AVENUE 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 4 CHESTNUT AVENUE sales from February 2008 and August 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 February 2008 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 4 CHESTNUT AVENUE be worth now?

4 CHESTNUT AVENUE might now be worth an estimated £144,527.

This is based on house price inflation of 7.1%, between August 2021 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 7.1% inflationary increase is applied to the most recent sale price for 4 CHESTNUT AVENUE of £134,995 on 5th August 2021. For the value to have increased from £134,995 to £144,527 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 4 CHESTNUT AVENUE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2021 sale price of £134,995 represented a fair market value for the property.
• The size, condition, and specification of 4 CHESTNUT AVENUE has not materially changed since August 2021.

How Large is 4 CHESTNUT AVENUE?

4 CHESTNUT AVENUE is 84m² according to the EPC inspection conducted in November 2020. 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 4 CHESTNUT AVENUE lies on this distribution: 21% of detached houses houses are smaller than 4 CHESTNUT AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Spalding.

4 CHESTNUT AVENUE: Plot and Title Map

4 CHESTNUT AVENUE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 4 CHESTNUT AVENUE, 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 CHESTNUT AVENUE). 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 CHESTNUT AVENUE?

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