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
5 MULBERRY WAY is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £320,000 in December 2021, which was around 19% above the average December 2021 detached price in the South Holland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 MULBERRY WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. One of the three 5 MULBERRY WAY sales was for above the average price, whilst two were 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 |
---|---|---|---|
2021 9 DEC | £320,000 | £268,384 | 19% above HPI |
2017 8 SEP | £155,000 | £224,083 | 31% below HPI |
2011 29 SEP | £150,000 | £171,153 | 12% below HPI |
The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 5 MULBERRY WAY sales between September 2011 and December 2021 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 September 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
5 MULBERRY WAY is 106m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 5 MULBERRY WAY lies on this distribution: 46% of detached houses are smaller than 5 MULBERRY WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Spalding.
5 MULBERRY WAY sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 5 MULBERRY 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 5 MULBERRY 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.
5 MULBERRY WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 5 on MULBERRY WAY.