8, JUBILEE CLOSE, SPALDING, PE11 1YD - £148,000

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 JUBILEE CLOSE is a very small detached house of 61m², built sometime between 1996 and 2002. It was last sold for £148,000 in May 2014, which was around 17% below the average May 2014 detached price in the South Holland local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

8 JUBILEE CLOSE Sold Prices

Land registry data shows three sales for 8 JUBILEE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Two of the three 8 JUBILEE CLOSE sales were for below the average price, whilst one was 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 21 MAY	£148,000	£178,190	17% below HPI
2006 21 APR	£148,000	£179,870	18% below HPI
1997 29 AUG	£58,950	£58,178	1% above HPI

8 JUBILEE 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 three 8 JUBILEE CLOSE sales between August 1997 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 April 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 JUBILEE CLOSE?

8 JUBILEE CLOSE is 61m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% 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 JUBILEE CLOSE lies on this distribution: 3% of detached houses are smaller than 8 JUBILEE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Spalding.

8 JUBILEE CLOSE: Plot and Title Map

8 JUBILEE CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 8 JUBILEE 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 JUBILEE 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 JUBILEE CLOSE?

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