COMFREY COTTAGE, RACE GROUND, SPALDING, PE11 3AP - £395,000

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

COMFREY COTTAGE is a very large detached house of 166m², built sometime between 1996 and 2002. It was last sold for £395,000 in December 2023, which was around 41% above the average December 2023 detached price in the South Holland local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

COMFREY COTTAGE Sold Prices

Land registry data shows three sales for COMFREY COTTAGE 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. One of the three COMFREY COTTAGE sales was for above the average price, whilst two 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
2023 7 DEC	£395,000	£280,172	41% above HPI
2001 20 DEC	£47,000	£101,051	53% below HPI
1995 22 DEC	£29,000	£55,426	48% below HPI

COMFREY COTTAGE 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 COMFREY COTTAGE sales between December 1995 and December 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 December 2001 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the December 2023 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might COMFREY COTTAGE be worth now?

COMFREY COTTAGE might now be worth an estimated £403,201.

This is based on house price inflation of 2.1%, between December 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 2.1% inflationary increase is applied to the most recent sale price for COMFREY COTTAGE of £395,000 on 7th December 2023. For the value to have increased from £395,000 to £403,201 over the one year to December 2024, the following assumptions must hold true:

• The value of COMFREY COTTAGE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2023 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of COMFREY COTTAGE has not materially changed since December 2023.

How Large is COMFREY COTTAGE?

COMFREY COTTAGE is 166m² according to the EPC inspection conducted in April 2023. This puts it in the largest 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 COMFREY COTTAGE lies on this distribution: 89% of detached houses houses are smaller than COMFREY COTTAGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Spalding.

COMFREY COTTAGE: Plot and Title Map

COMFREY COTTAGE sits on a plot of roughly 0.149 of an acre, or 605m². The below map shows the location of COMFREY COTTAGE, 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 COMFREY COTTAGE). 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 COMFREY COTTAGE?

COMFREY COTTAGE is located on RACE GROUND in SPALDING, in the PE11 postcode district. The below map shows the position of COMFREY COTTAGE on RACE GROUND.