7, BUTTERCUP CLOSE, SPALDING, PE11 1YS - £245,000

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 BUTTERCUP CLOSE is a very small detached house of 67m², built sometime between 1991 and 1995. It was last sold for £245,000 in November 2023, which was around 15% below the average November 2023 detached price in the South Holland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

7 BUTTERCUP CLOSE Sold Prices

Land registry data shows two sales for 7 BUTTERCUP CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. One of the two 7 BUTTERCUP CLOSE sales was for below the average price, whilst the other 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
2023 8 NOV	£245,000	£287,272	15% below HPI
1998 27 FEB	£62,950	£59,258	6% above HPI

7 BUTTERCUP 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 two 7 BUTTERCUP CLOSE sales from February 1998 and November 2023 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 1998 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 BUTTERCUP CLOSE?

7 BUTTERCUP CLOSE is 67m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% 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 BUTTERCUP CLOSE lies on this distribution: 6% of detached houses are smaller than 7 BUTTERCUP CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Spalding.

7 BUTTERCUP CLOSE: Plot and Title Map

7 BUTTERCUP CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 7 BUTTERCUP 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 BUTTERCUP 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 BUTTERCUP CLOSE?

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