6, MEADWAY, SPALDING, PE11 3LQ - £255,000

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.

6 MEADWAY is a very large detached house of 147m², built sometime between 1983 and 1990, which could now be worth an estimated £340,146. It was last sold for £255,000 in August 2016, which was around 22% above the average August 2016 detached price in the South Holland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was C.

6 MEADWAY Sold Prices

Land registry data shows four sales for 6 MEADWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 6 MEADWAY sales 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
2016 5 AUG	£255,000	£208,544	22% above HPI
2013 10 DEC	£202,000	£167,323	21% above HPI
2000 18 FEB	£108,000	£75,840	42% above HPI
1999 12 NOV	£105,000	£72,013	46% above HPI

6 MEADWAY 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 four 6 MEADWAY sales between November 1999 and August 2016 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 December 2013 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2016 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 6 MEADWAY be worth now?

6 MEADWAY might now be worth an estimated £340,146.

This is based on house price inflation of 33.4%, between August 2016 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 33.4% inflationary increase is applied to the most recent sale price for 6 MEADWAY of £255,000 on 5th August 2016. For the value to have increased from £255,000 to £340,146 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 6 MEADWAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2016 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MEADWAY has not materially changed since August 2016.

How Large is 6 MEADWAY?

6 MEADWAY is 147m² according to the EPC inspection conducted in May 2012. This puts it in the largest 20% 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 6 MEADWAY lies on this distribution: 82% of detached houses houses are smaller than 6 MEADWAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Spalding.

6 MEADWAY: Plot and Title Map

6 MEADWAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 6 MEADWAY, 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 MEADWAY). 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 MEADWAY?

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