4, WESTERLY WAY, SPALDING, PE11 3FH - £219,950

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

4 WESTERLY WAY is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £219,950 in April 2015, which was around 19% above the average April 2015 detached price in the South Holland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

4 WESTERLY WAY Sold Prices

Land registry data shows two sales for 4 WESTERLY WAY 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 WESTERLY WAY sales were 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
2015 30 APR	£219,950	£185,463	19% above HPI
1997 14 JUL	£102,450	£57,273	79% above HPI

4 WESTERLY 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 two 4 WESTERLY WAY sales from July 1997 and April 2015 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 1997 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the April 2015 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 4 WESTERLY WAY be worth now?

4 WESTERLY WAY might now be worth an estimated £339,169.

This is based on house price inflation of 54.2%, between April 2015 and December 2024, 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 54.2% inflationary increase is applied to the most recent sale price for 4 WESTERLY WAY of £219,950 on 30th April 2015. For the value to have increased from £219,950 to £339,169 over the eight years and four months to December 2024, the following assumptions must hold true:

• The value of 4 WESTERLY WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The April 2015 sale price of £219,950 represented a fair market value for the property.
• The size, condition, and specification of 4 WESTERLY WAY has not materially changed since April 2015.

How Large is 4 WESTERLY WAY?

4 WESTERLY WAY is 94m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% 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 WESTERLY WAY lies on this distribution: 32% of detached houses houses are smaller than 4 WESTERLY WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Spalding.

4 WESTERLY WAY: Plot and Title Map

4 WESTERLY WAY sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 4 WESTERLY 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 4 WESTERLY 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 4 WESTERLY WAY?

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