7, MENDIP CLOSE, SPALDING, PE11 3AR - £342,000

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 MENDIP CLOSE is a midsized detached house of 118m², built sometime between 1983 and 1990. It was last sold for £342,000 in June 2021, which was around 34% above the average June 2021 detached price in the South Holland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

7 MENDIP CLOSE Sold Prices

Land registry data shows two sales for 7 MENDIP 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 MENDIP CLOSE 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
2021 29 JUN	£342,000	£255,436	34% above HPI
2016 13 JAN	£263,000	£200,755	31% above HPI

7 MENDIP 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 MENDIP CLOSE sales from January 2016 and June 2021 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 January 2016 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 7 MENDIP CLOSE?

7 MENDIP CLOSE is 118m² according to the EPC inspection conducted in September 2020. This puts it in the largest 50% 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 MENDIP CLOSE lies on this distribution: 57% of detached houses are smaller than 7 MENDIP CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Spalding.

7 MENDIP CLOSE: Plot and Title Map

7 MENDIP CLOSE sits on a plot of roughly 0.239 of an acre, or 967m². The below map shows the location of 7 MENDIP 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 MENDIP 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 MENDIP CLOSE?

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