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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MILLFIELD HOUSE is a very large extended detached house of 197m², built sometime between 1991 and 1995. It was last sold for £380,000 in September 2023, which was around 31% 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	£289,034	31% above HPI
2022 15 SEP	£425,000	£300,708	41% above HPI
2021 10 DEC	£1,670,000	£268,384	522% 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 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2023 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

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 in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where MILLFIELD HOUSE lies on this distribution: 95% of detached 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 0.793 of an acre, or 3,208m². 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.