8, CHEPSTOW CLOSE, SPALDING, PE11 3BY - £179,950

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.

8 CHEPSTOW CLOSE is a large semi-detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £305,025. It was last sold for £179,950 in December 2012, which was around 60% above the average December 2012 semi-detached price in the South Holland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

8 CHEPSTOW CLOSE Sold Prices

Land registry data shows three sales for 8 CHEPSTOW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. All of the three 8 CHEPSTOW 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
2012 5 DEC	£179,950	£112,698	60% above HPI
1999 30 JUL	£68,500	£43,676	57% above HPI
1999 26 FEB	£69,750	£41,926	66% above HPI

8 CHEPSTOW CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The three 8 CHEPSTOW CLOSE sales between February 1999 and December 2012 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 July 1999 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the December 2012 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 8 CHEPSTOW CLOSE be worth now?

8 CHEPSTOW CLOSE might now be worth an estimated £305,025.

This is based on house price inflation of 69.5%, between December 2012 and February 2025, for semi-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 69.5% inflationary increase is applied to the most recent sale price for 8 CHEPSTOW CLOSE of £179,950 on 5th December 2012. For the value to have increased from £179,950 to £305,025 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 CHEPSTOW CLOSE has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The December 2012 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 8 CHEPSTOW CLOSE has not materially changed since December 2012.

How Large is 8 CHEPSTOW CLOSE?

8 CHEPSTOW CLOSE is 120m² according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of semi-detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spalding, and where 8 CHEPSTOW CLOSE lies on this distribution: 61% of semi-detached houses houses are smaller than 8 CHEPSTOW CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Spalding.

8 CHEPSTOW CLOSE: Plot and Title Map

8 CHEPSTOW CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 8 CHEPSTOW 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 8 CHEPSTOW 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 8 CHEPSTOW CLOSE?

8 CHEPSTOW CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 8 on CHEPSTOW CLOSE.