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

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.

7 AKITA CLOSE is a very small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £203,050. 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	£172,620	27% below HPI
2001 1 FEB	£73,950	£93,525	21% below HPI
1999 5 NOV	£65,950	£72,013	8% 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.

What might 7 AKITA CLOSE be worth now?

7 AKITA CLOSE might now be worth an estimated £203,050.

This is based on house price inflation of 61.2%, between November 2005 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 61.2% inflationary increase is applied to the most recent sale price for 7 AKITA CLOSE of £126,000 on 18th November 2005. For the value to have increased from £126,000 to £203,050 over the twenty years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 AKITA CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2005 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of 7 AKITA CLOSE has not materially changed since November 2005.

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 houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 7 AKITA CLOSE lies on this distribution: 14% of detached houses 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.