8, MAYFAIR CLOSE, FLEET HARGATE, SPALDING, PE12 8JZ - £282,000

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 MAYFAIR CLOSE is a large detached house of 126m², built sometime from 2012 onwards, which could now be worth an estimated £285,894. It was last sold for £282,000 in August 2023, which was about the average August 2023 detached price in the South Holland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

8 MAYFAIR CLOSE Sold Prices

Land registry data shows four sales for 8 MAYFAIR CLOSE 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. The four 8 MAYFAIR CLOSE sales were a mix of 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
2023 4 AUG	£282,000	£282,094	Close to HPI
2017 27 OCT	£225,000	£227,727	1% below HPI
2016 16 MAR	£186,000	£205,351	9% below HPI
2010 15 APR	£166,000	£171,014	3% below HPI

8 MAYFAIR 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 four 8 MAYFAIR CLOSE sales between April 2010 and August 2023 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 October 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 MAYFAIR CLOSE be worth now?

8 MAYFAIR CLOSE might now be worth an estimated £285,894.

This is based on house price inflation of 1.4%, between August 2023 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 1.4% inflationary increase is applied to the most recent sale price for 8 MAYFAIR CLOSE of £282,000 on 4th August 2023. For the value to have increased from £282,000 to £285,894 over the eight months to December 2024, the following assumptions must hold true:

• The value of 8 MAYFAIR CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2023 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MAYFAIR CLOSE has not materially changed since August 2023.

How Large is 8 MAYFAIR CLOSE?

8 MAYFAIR CLOSE is 126m² according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses houses in Fleet Hargate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fleet Hargate, and where 8 MAYFAIR CLOSE lies on this distribution: 75% of detached houses houses are smaller than 8 MAYFAIR CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Fleet Hargate.

8 MAYFAIR CLOSE: Plot and Title Map

8 MAYFAIR CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 8 MAYFAIR 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 MAYFAIR 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 MAYFAIR CLOSE?

8 MAYFAIR CLOSE is located in FLEET HARGATE, in the PE12 postcode district. The below map shows the position of No. 8 on MAYFAIR CLOSE.