1, LANCELOT WAY, SPALDING, PE11 1JF - £111,000

1 LANCELOT WAY is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £111,000 in September 2012, which was around 35% below the average September 2012 detached price in the South Holland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

1 LANCELOT WAY Sold Prices

Land registry data shows three sales for 1 LANCELOT 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 1 LANCELOT 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
2012 10 SEP	£111,000	£170,399	35% below HPI
2004 7 APR	£100,000	£153,964	35% below HPI
2001 20 JUL	£55,500	£93,338	41% below HPI

1 LANCELOT 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 1 LANCELOT WAY sales between July 2001 and September 2012 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 April 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2012 sale, which was also at 35% below the HPI.

How Large is 1 LANCELOT WAY?

1 LANCELOT WAY is 62m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 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 1 LANCELOT WAY lies on this distribution: 4% of detached houses are smaller than 1 LANCELOT WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 LANCELOT WAY: Plot and Title Map

1 LANCELOT WAY sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 1 LANCELOT 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 1 LANCELOT 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 1 LANCELOT WAY?

1 LANCELOT WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 1 on LANCELOT WAY.