8, ESTELLA WAY, SPALDING, PE11 1HS - £255,000

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 ESTELLA WAY is a large detached house of 127m², built sometime between 1983 and 1990. It was last sold for £255,000 in March 2021, which was around 2% above the average March 2021 detached price in the South Holland local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

8 ESTELLA WAY Sold Prices

Land registry data shows five sales for 8 ESTELLA WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. The five 8 ESTELLA WAY sales were a mix of above the average price, roughly equal to the average price, and 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
2021 25 MAR	£255,000	£249,109	2% above HPI
2016 11 NOV	£208,000	£212,786	2% below HPI
2009 22 DEC	£165,000	£164,536	Close to HPI
2005 9 DEC	£178,000	£174,209	2% above HPI
1996 8 FEB	£71,950	£57,319	26% above HPI

8 ESTELLA WAY 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 five 8 ESTELLA WAY sales between February 1996 and March 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 November 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 8 ESTELLA WAY?

8 ESTELLA WAY is 127m² according to the EPC inspection conducted in December 2020. This puts it in the largest 40% 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 ESTELLA WAY lies on this distribution: 68% of detached houses are smaller than 8 ESTELLA WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Spalding.

8 ESTELLA WAY: Plot and Title Map

8 ESTELLA WAY sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 8 ESTELLA WAY, 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 ESTELLA WAY). 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 ESTELLA WAY?

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