2, DECOY CLOSE, PINCHBECK, SPALDING, PE11 3JS - £137,000

2 DECOY CLOSE is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £137,000 in May 2011, which was around 17% below the average May 2011 detached price in the South Holland local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

2 DECOY CLOSE Sold Prices

Land registry data shows two sales for 2 DECOY 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 2 DECOY 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
2011 10 MAY	£137,000	£165,145	17% below HPI
2009 3 NOV	£125,000	£159,928	22% below HPI

2 DECOY 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 2 DECOY CLOSE sales from November 2009 and May 2011 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 November 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2011 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 DECOY CLOSE?

2 DECOY CLOSE is 66m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of detached houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses by size in Pinchbeck, and where 2 DECOY CLOSE lies on this distribution: 8% of detached houses are smaller than 2 DECOY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

2 DECOY CLOSE: Plot and Title Map

2 DECOY CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 2 DECOY 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 2 DECOY 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 2 DECOY CLOSE?

2 DECOY CLOSE is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 2 on DECOY CLOSE.