7, AKITA CLOSE, SPALDING, PE11 3GJ - £126,000

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

7 AKITA CLOSE is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £126,000 in November 2005, which was around 27% below the average November 2005 detached price in the South Holland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

7 AKITA CLOSE Sold Prices

Land registry data shows three sales for 7 AKITA CLOSE 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. All of the three 7 AKITA 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
2005 18 NOV	£126,000	£173,469	27% below HPI
2001 1 FEB	£73,950	£93,985	21% below HPI
1999 5 NOV	£65,950	£72,367	9% below HPI

7 AKITA 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 three 7 AKITA CLOSE sales between November 1999 and November 2005 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 February 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2005 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 AKITA CLOSE?

7 AKITA CLOSE is 76m² according to the EPC inspection conducted in October 2020. 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 7 AKITA CLOSE lies on this distribution: 13% of detached houses are smaller than 7 AKITA CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Spalding.

7 AKITA CLOSE: Plot and Title Map

7 AKITA CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 7 AKITA 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 7 AKITA 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 7 AKITA CLOSE?

7 AKITA CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 7 on AKITA CLOSE.