5, ASH CLOSE, SPALDING, PE12 6FE - £245,000

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

5 ASH CLOSE is a midsized detached house of 119m², built sometime between 2003 and 2006, which could now be worth an estimated £296,759. It was last sold for £245,000 in July 2020, which was around 7% above the average July 2020 detached price in the South Holland local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

5 ASH CLOSE Sold Prices

Land registry data shows four sales for 5 ASH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 5 ASH CLOSE 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
2020 6 JUL	£245,000	£229,660	7% above HPI
2012 22 MAR	£162,000	£156,069	4% above HPI
2004 29 SEP	£177,500	£156,558	13% above HPI
2003 30 SEP	£162,500	£139,457	17% above HPI

5 ASH 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 four 5 ASH CLOSE sales between September 2003 and July 2020 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 March 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 ASH CLOSE be worth now?

5 ASH CLOSE might now be worth an estimated £296,759.

This is based on house price inflation of 21.1%, between July 2020 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 21.1% inflationary increase is applied to the most recent sale price for 5 ASH CLOSE of £245,000 on 6th July 2020. For the value to have increased from £245,000 to £296,759 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 5 ASH CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The July 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ASH CLOSE has not materially changed since July 2020.

How Large is 5 ASH CLOSE?

5 ASH CLOSE is 119m² according to the EPC inspection conducted in May 2020. This puts it in the largest 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 5 ASH CLOSE lies on this distribution: 58% of detached houses houses are smaller than 5 ASH CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Spalding.

5 ASH CLOSE: Plot and Title Map

5 ASH CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 5 ASH 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 5 ASH 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 5 ASH CLOSE?

5 ASH CLOSE is located in SPALDING, in the PE12 postcode district. The below map shows the position of No. 5 on ASH CLOSE.