1, MEADOW CLOSE, SPALDING, PE11 2BL - £183,000

1 MEADOW CLOSE is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £183,000 in February 2023, which was around 39% below the average February 2023 detached price in the South Holland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

1 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 1 MEADOW CLOSE 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 1 MEADOW CLOSE 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
2023 24 FEB	£183,000	£300,083	39% below HPI
2005 8 DEC	£137,000	£174,209	21% below HPI

1 MEADOW CLOSE 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 1 MEADOW CLOSE sales from December 2005 and February 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 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 MEADOW CLOSE?

1 MEADOW CLOSE is 70m² according to the EPC inspection conducted in October 2022. 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 MEADOW CLOSE lies on this distribution: 8% of detached houses are smaller than 1 MEADOW CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 MEADOW CLOSE: Plot and Title Map

1 MEADOW CLOSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 1 MEADOW CLOSE, 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 MEADOW CLOSE). 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 MEADOW CLOSE?

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