40, MANSELL CLOSE, SPALDING, PE11 1NE - £247,000

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

40 MANSELL CLOSE is a small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £247,000 in February 2019, which was around 6% above the average February 2019 detached price in the South Holland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

40 MANSELL CLOSE Sold Prices

Land registry data shows two sales for 40 MANSELL CLOSE 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. One of the two 40 MANSELL CLOSE sales was for above the average price, whilst the other was 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
2019 6 FEB	£247,000	£232,817	6% above HPI
2003 18 JUL	£128,000	£138,258	7% below HPI

40 MANSELL 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 two 40 MANSELL CLOSE sales from July 2003 and February 2019 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 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2019 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 40 MANSELL CLOSE be worth now?

40 MANSELL CLOSE might now be worth an estimated £303,411.

This is based on house price inflation of 22.8%, between February 2019 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 22.8% inflationary increase is applied to the most recent sale price for 40 MANSELL CLOSE of £247,000 on 6th February 2019. For the value to have increased from £247,000 to £303,411 over the four years and two months to December 2024, the following assumptions must hold true:

• The value of 40 MANSELL CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The February 2019 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MANSELL CLOSE has not materially changed since February 2019.

How Large is 40 MANSELL CLOSE?

40 MANSELL CLOSE is 92m² according to the EPC inspection conducted in May 2017. 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 40 MANSELL CLOSE lies on this distribution: 30% of detached houses houses are smaller than 40 MANSELL CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Spalding.

40 MANSELL CLOSE: Plot and Title Map

40 MANSELL CLOSE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 40 MANSELL 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 40 MANSELL 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 40 MANSELL CLOSE?

40 MANSELL CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 40 on MANSELL CLOSE.