8, SPENCER CLOSE, LONG SUTTON, SPALDING, PE12 9ES - £167,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 SPENCER CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £220,029. It was last sold for £167,500 in January 2017, which was around 21% below the average January 2017 detached price in the South Holland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

8 SPENCER CLOSE Sold Prices

Land registry data shows two sales for 8 SPENCER 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 SPENCER CLOSE 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
2017 26 JAN	£167,500	£211,767	21% below HPI
2007 10 APR	£125,000	£190,366	34% below HPI

8 SPENCER 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 SPENCER CLOSE sales from April 2007 and January 2017 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 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 8 SPENCER CLOSE be worth now?

8 SPENCER CLOSE might now be worth an estimated £220,029.

This is based on house price inflation of 31.4%, between January 2017 and February 2025, 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 31.4% inflationary increase is applied to the most recent sale price for 8 SPENCER CLOSE of £167,500 on 26th January 2017. For the value to have increased from £167,500 to £220,029 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 SPENCER CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The January 2017 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 8 SPENCER CLOSE has not materially changed since January 2017.

How Large is 8 SPENCER CLOSE?

8 SPENCER CLOSE is 65m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses houses in Long Sutton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Sutton, and where 8 SPENCER CLOSE lies on this distribution: 7% of detached houses houses are smaller than 8 SPENCER CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Long Sutton.

8 SPENCER CLOSE: Plot and Title Map

8 SPENCER CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 8 SPENCER 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 SPENCER 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 SPENCER CLOSE?

8 SPENCER CLOSE is located in LONG SUTTON, in the PE12 postcode district. The below map shows the position of No. 8 on SPENCER CLOSE.