9, CAVENDISH WAY, SPALDING, PE11 1PX - £235,000

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.

9 CAVENDISH WAY is a midsized extended detached house of 106m², built sometime between 1976 and 1982, which could now be worth an estimated £254,540. It was last sold for £235,000 in July 2021, which was around 8% below the average July 2021 detached price in the South Holland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was B.

9 CAVENDISH WAY Sold Prices

Land registry data shows three sales for 9 CAVENDISH WAY 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. All of the three 9 CAVENDISH WAY 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
2021 30 JUL	£235,000	£256,823	8% below HPI
2021 22 FEB	£220,000	£245,780	10% below HPI
2019 20 DEC	£185,000	£235,937	22% below HPI

9 CAVENDISH 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 three 9 CAVENDISH WAY sales between December 2019 and July 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 February 2021 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 9 CAVENDISH WAY be worth now?

9 CAVENDISH WAY might now be worth an estimated £254,540.

This is based on house price inflation of 8.3%, between July 2021 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 8.3% inflationary increase is applied to the most recent sale price for 9 CAVENDISH WAY of £235,000 on 30th July 2021. For the value to have increased from £235,000 to £254,540 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 9 CAVENDISH WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The July 2021 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CAVENDISH WAY has not materially changed since July 2021.

How Large is 9 CAVENDISH WAY?

9 CAVENDISH WAY is 106m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% 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 9 CAVENDISH WAY lies on this distribution: 46% of detached houses houses are smaller than 9 CAVENDISH WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Spalding.

9 CAVENDISH WAY: Plot and Title Map

9 CAVENDISH WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 9 CAVENDISH 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 9 CAVENDISH 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 9 CAVENDISH WAY?

9 CAVENDISH WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 9 on CAVENDISH WAY.