7, THE WENDE, SPALDING, PE11 3EG - £138,000

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 THE WENDE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £138,000 in August 2005, which was around 19% below the average August 2005 detached price in the South Holland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

7 THE WENDE Sold Prices

Land registry data shows two sales for 7 THE WENDE 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 THE WENDE 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 31 AUG	£138,000	£170,168	19% below HPI
1997 16 MAY	£48,500	£59,061	18% below HPI

7 THE WENDE 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 THE WENDE sales from May 1997 and August 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 May 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2005 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 THE WENDE?

7 THE WENDE is 78m² according to the EPC inspection conducted in June 2022. 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 THE WENDE lies on this distribution: 15% of detached houses are smaller than 7 THE WENDE, and 85% of houses are larger. Note that EPC data is not available for all properties in Spalding.

7 THE WENDE: Plot and Title Map

7 THE WENDE sits on a plot of roughly 0.046 of an acre, or 184m². The below map shows the location of 7 THE WENDE, 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 THE WENDE). 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 THE WENDE?

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