5, SWAN CLOSE, SPALDING, PE11 2FN - £165,000

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

5 SWAN CLOSE is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £165,000 in June 2024, which was around 39% below the average June 2024 detached price in the South Holland local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

5 SWAN CLOSE Sold Prices

Land registry data shows two sales for 5 SWAN 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. Both of the two 5 SWAN CLOSE 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
2024 28 JUN	£165,000	£270,323	39% below HPI
2002 20 AUG	£98,500	£114,036	14% below HPI

5 SWAN 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 5 SWAN CLOSE sales from August 2002 and June 2024 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 August 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 5 SWAN CLOSE?

5 SWAN CLOSE is 80m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% 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 SWAN CLOSE lies on this distribution: 16% of detached houses are smaller than 5 SWAN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Spalding.

5 SWAN CLOSE: Plot and Title Map

5 SWAN CLOSE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 5 SWAN 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 SWAN 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 SWAN CLOSE?

5 SWAN CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 5 on SWAN CLOSE.