5, SALTERS WAY, DONINGTON, SPALDING, PE11 4YE - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 SALTERS WAY is a small extended detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £254,725. It was last sold for £220,000 in November 2020, which was around 8% below the average November 2020 detached price in the South Holland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

5 SALTERS WAY Sold Prices

Land registry data shows six sales for 5 SALTERS WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the six 5 SALTERS WAY sales 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
2020 10 NOV	£220,000	£240,256	8% below HPI
2017 28 JUL	£180,000	£223,402	19% below HPI
2014 21 FEB	£147,500	£173,709	15% below HPI
2006 21 JUL	£157,000	£180,889	13% below HPI
1996 11 OCT	£54,500	£55,203	1% below HPI
1995 28 APR	£53,000	£50,952	4% above HPI

5 SALTERS 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 six 5 SALTERS WAY sales between April 1995 and November 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 July 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 SALTERS WAY be worth now?

5 SALTERS WAY might now be worth an estimated £254,725.

This is based on house price inflation of 15.8%, between November 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 15.8% inflationary increase is applied to the most recent sale price for 5 SALTERS WAY of £220,000 on 10th November 2020. For the value to have increased from £220,000 to £254,725 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 SALTERS WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SALTERS WAY has not materially changed since November 2020.

How Large is 5 SALTERS WAY?

5 SALTERS WAY is 90m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses houses in Donington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Donington, and where 5 SALTERS WAY lies on this distribution: 32% of detached houses houses are smaller than 5 SALTERS WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Donington.

5 SALTERS WAY: Plot and Title Map

5 SALTERS WAY sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 5 SALTERS 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 SALTERS 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 5 SALTERS WAY?

5 SALTERS WAY is located in DONINGTON, in the PE11 postcode district. The below map shows the position of No. 5 on SALTERS WAY.