8, CLAY LAKE, SPALDING, PE11 2QG - £133,000

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

8 CLAY LAKE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £133,000 in August 2016, which was around 37% below the average August 2016 detached price in the South Holland local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

8 CLAY LAKE Sold Prices

Land registry data shows four sales for 8 CLAY LAKE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 8 CLAY LAKE 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
2016 26 AUG	£133,000	£209,571	37% below HPI
2008 4 NOV	£117,000	£162,954	28% below HPI
2004 3 NOV	£121,000	£163,324	26% below HPI
2001 24 AUG	£58,700	£97,348	40% below HPI

8 CLAY LAKE 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 four 8 CLAY LAKE sales between August 2001 and August 2016 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 November 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 8 CLAY LAKE?

8 CLAY LAKE is 73m² according to the EPC inspection conducted in July 2023. 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 8 CLAY LAKE lies on this distribution: 10% of detached houses are smaller than 8 CLAY LAKE, and 89% of houses are larger. Note that EPC data is not available for all properties in Spalding.

8 CLAY LAKE: Plot and Title Map

8 CLAY LAKE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 8 CLAY LAKE, 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 CLAY LAKE). 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 CLAY LAKE?

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