MILLFIELD HOUSE, SPALDING COMMON, SPALDING, PE11 3AU - £380,000

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

MILLFIELD HOUSE is a very large extended detached house of 197m², built sometime between 1991 and 1995, which could now be worth an estimated £367,490. It was last sold for £380,000 in September 2023, which was around 32% above the average September 2023 detached price in the South Holland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

MILLFIELD HOUSE Sold Prices

Land registry data shows three sales for MILLFIELD HOUSE 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 MILLFIELD HOUSE sales were for above 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 19 SEP	£380,000	£287,648	32% above HPI
2022 15 SEP	£425,000	£299,235	42% above HPI
2021 10 DEC	£1,670,000	£267,069	525% above HPI

MILLFIELD HOUSE 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 MILLFIELD HOUSE sales between December 2021 and September 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 September 2022 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the September 2023 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might MILLFIELD HOUSE be worth now?

MILLFIELD HOUSE might now be worth an estimated £367,490.

This is based on house price deflation of 3.3%, between September 2023 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 3.3% deflationary decrease is applied to the most recent sale price for MILLFIELD HOUSE of £380,000 on 19th September 2023. For the value to have decreased from £380,000 to £367,490 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of MILLFIELD HOUSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2023 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of MILLFIELD HOUSE has not materially changed since September 2023.

How Large is MILLFIELD HOUSE?

MILLFIELD HOUSE is 197m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 10% 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 MILLFIELD HOUSE lies on this distribution: 95% of detached houses houses are smaller than MILLFIELD HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Spalding.

MILLFIELD HOUSE: Plot and Title Map

MILLFIELD HOUSE sits on a plot of roughly 0.294 of an acre, or 1,191m². The below map shows the location of MILLFIELD HOUSE, 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 MILLFIELD HOUSE). 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 MILLFIELD HOUSE?

MILLFIELD HOUSE is located on SPALDING COMMON in SPALDING, in the PE11 postcode district. The below map shows the position of MILLFIELD HOUSE on SPALDING COMMON.