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

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 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 18% 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	£186,376	18% above HPI
1997 14 JUL	£102,450	£57,555	78% 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 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the April 2015 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

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 in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 4 WESTERLY WAY lies on this distribution: 32% of detached 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.