9, NICOLETTE WAY, SPALDING, PE11 1RT - £165,000

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

9 NICOLETTE WAY is a very small extended detached house of 75m², built sometime between 1996 and 2002. It was last sold for £165,000 in March 2020, which was around 29% below the average March 2020 detached price in the South Holland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

9 NICOLETTE WAY Sold Prices

Land registry data shows two sales for 9 NICOLETTE WAY 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 9 NICOLETTE 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
2020 9 MAR	£165,000	£231,384	29% below HPI
2007 14 SEP	£145,500	£196,154	26% below HPI

9 NICOLETTE 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 two 9 NICOLETTE WAY sales from September 2007 and March 2020 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 September 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 9 NICOLETTE WAY be worth now?

9 NICOLETTE WAY might now be worth an estimated £203,939.

This is based on house price inflation of 23.6%, between March 2020 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 23.6% inflationary increase is applied to the most recent sale price for 9 NICOLETTE WAY of £165,000 on 9th March 2020. For the value to have increased from £165,000 to £203,939 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 9 NICOLETTE WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The March 2020 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 9 NICOLETTE WAY has not materially changed since March 2020.

How Large is 9 NICOLETTE WAY?

9 NICOLETTE WAY is 75m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% 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 NICOLETTE WAY lies on this distribution: 12% of detached houses houses are smaller than 9 NICOLETTE WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Spalding.

9 NICOLETTE WAY: Plot and Title Map

9 NICOLETTE WAY sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 9 NICOLETTE 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 NICOLETTE 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 NICOLETTE WAY?

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