6, FAIRVIEW WAY, SPALDING, PE11 3PL - £120,000

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

6 FAIRVIEW WAY is a small extended detached house of 100m², built sometime between 1991 and 1995. It was last sold for £120,000 in September 2014, which was around 35% below the average September 2014 detached price in the South Holland local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

6 FAIRVIEW WAY Sold Prices

Land registry data shows three sales for 6 FAIRVIEW 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. One of the three 6 FAIRVIEW WAY sales was for below the average price, whilst two 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
2014 17 SEP	£120,000	£183,974	35% below HPI
2009 10 JUL	£154,000	£149,168	3% above HPI
1998 22 MAY	£67,995	£63,133	8% above HPI

6 FAIRVIEW 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 6 FAIRVIEW WAY sales between May 1998 and September 2014 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 2009 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 6 FAIRVIEW WAY?

6 FAIRVIEW WAY is 100m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 40% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 6 FAIRVIEW WAY lies on this distribution: 38% of detached houses are smaller than 6 FAIRVIEW WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Spalding.

6 FAIRVIEW WAY: Plot and Title Map

6 FAIRVIEW WAY sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 6 FAIRVIEW 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 6 FAIRVIEW 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 6 FAIRVIEW WAY?

6 FAIRVIEW WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 6 on FAIRVIEW WAY.