5, TRURO WAY, SPALDING, PE11 1YB - £265,000

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 TRURO WAY is a midsized extended detached house of 102m², built sometime between 1996 and 2002. 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 November 2018, where the current energy rating was C, and the potential energy rating was B.

5 TRURO WAY Sold Prices

Land registry data shows three sales for 5 TRURO WAY since 1^st 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. Two of the three 5 TRURO WAY sales were for below the average price, whilst one 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 11 FEB	£265,000	£273,201	3% below HPI
2001 26 OCT	£96,500	£99,794	3% below HPI
1998 18 DEC	£73,500	£64,763	13% above HPI

5 TRURO 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 three 5 TRURO WAY sales between December 1998 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 October 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2022 sale, which was also at 3% below the HPI.

What might 5 TRURO WAY be worth now?

5 TRURO WAY might now be worth an estimated £277,404.

This is based on house price inflation of 4.7%, between February 2022 and December 2024, 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 4.7% inflationary increase is applied to the most recent sale price for 5 TRURO WAY of £265,000 on 11th February 2022. For the value to have increased from £265,000 to £277,404 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 5 TRURO WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The February 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TRURO WAY has not materially changed since February 2022.

How Large is 5 TRURO WAY?

5 TRURO WAY is 102m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% 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 TRURO WAY lies on this distribution: 40% of detached houses houses are smaller than 5 TRURO WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Spalding.

5 TRURO WAY: Plot and Title Map

5 TRURO WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 5 TRURO 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 TRURO 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 TRURO WAY?

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