7, COLUMBUS CLOSE, SPALDING, PE11 2FF - £158,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 COLUMBUS CLOSE is a very small detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £200,583. It was last sold for £158,000 in February 2018, which was around 30% below the average February 2018 detached price in the South Holland local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

7 COLUMBUS CLOSE Sold Prices

Land registry data shows two sales for 7 COLUMBUS 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. Both of the two 7 COLUMBUS 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
2018 9 FEB	£158,000	£225,275	30% below HPI
2000 15 MAR	£56,950	£76,131	25% below HPI

7 COLUMBUS 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 COLUMBUS CLOSE sales from March 2000 and February 2018 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 March 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 7 COLUMBUS CLOSE be worth now?

7 COLUMBUS CLOSE might now be worth an estimated £200,583.

This is based on house price inflation of 27%, between February 2018 and December 2024, 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 27% inflationary increase is applied to the most recent sale price for 7 COLUMBUS CLOSE of £158,000 on 9th February 2018. For the value to have increased from £158,000 to £200,583 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 7 COLUMBUS CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The February 2018 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 7 COLUMBUS CLOSE has not materially changed since February 2018.

How Large is 7 COLUMBUS CLOSE?

7 COLUMBUS CLOSE is 70m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% 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 COLUMBUS CLOSE lies on this distribution: 8% of detached houses houses are smaller than 7 COLUMBUS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Spalding.

7 COLUMBUS CLOSE: Plot and Title Map

7 COLUMBUS CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 7 COLUMBUS 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 COLUMBUS 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 COLUMBUS CLOSE?

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