47, FAIRVIEW WAY, SPALDING, PE11 3PL - £265,000

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

47 FAIRVIEW WAY is a large detached house of 127m², built sometime between 1983 and 1990. It was last sold for £265,000 in February 2022, which was around 3% below the average February 2022 detached price in the South Holland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

47 FAIRVIEW WAY Sold Prices

Land registry data shows two sales for 47 FAIRVIEW 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. One of the two 47 FAIRVIEW WAY sales was for below the average price, whilst the other was 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
2022 25 FEB	£265,000	£274,546	3% below HPI
2004 7 MAY	£169,500	£154,338	10% above HPI

47 FAIRVIEW 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 47 FAIRVIEW WAY sales from May 2004 and February 2022 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 May 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 47 FAIRVIEW WAY?

47 FAIRVIEW WAY is 127m² according to the EPC inspection conducted in June 2021. This puts it in the largest 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 47 FAIRVIEW WAY lies on this distribution: 68% of detached houses are smaller than 47 FAIRVIEW WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Spalding.

47 FAIRVIEW WAY: Plot and Title Map

47 FAIRVIEW WAY sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 47 FAIRVIEW 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 47 FAIRVIEW 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 47 FAIRVIEW WAY?

47 FAIRVIEW WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 47 on FAIRVIEW WAY.