8, DAFFODIL CLOSE, SPALDING, PE11 1RE - £228,000

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

8 DAFFODIL CLOSE is a small detached house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £367,734. It was last sold for £228,000 in May 2014, which was around 29% above the average May 2014 detached price in the South Holland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

8 DAFFODIL CLOSE Sold Prices

Land registry data shows two sales for 8 DAFFODIL 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 8 DAFFODIL 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
2014 12 MAY	£228,000	£177,317	29% above HPI
2005 26 JUL	£229,950	£168,771	36% above HPI

8 DAFFODIL 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 8 DAFFODIL CLOSE sales from July 2005 and May 2014 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 2005 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the May 2014 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 8 DAFFODIL CLOSE be worth now?

8 DAFFODIL CLOSE might now be worth an estimated £367,734.

This is based on house price inflation of 61.3%, between May 2014 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 61.3% inflationary increase is applied to the most recent sale price for 8 DAFFODIL CLOSE of £228,000 on 12th May 2014. For the value to have increased from £228,000 to £367,734 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 8 DAFFODIL CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2014 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DAFFODIL CLOSE has not materially changed since May 2014.

How Large is 8 DAFFODIL CLOSE?

8 DAFFODIL CLOSE is 94m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% 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 8 DAFFODIL CLOSE lies on this distribution: 32% of detached houses houses are smaller than 8 DAFFODIL CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Spalding.

8 DAFFODIL CLOSE: Plot and Title Map

8 DAFFODIL CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 8 DAFFODIL 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 DAFFODIL 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 DAFFODIL CLOSE?

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