48, REMBRANDT WAY, SPALDING, PE11 3HX - £200,000

48 REMBRANDT WAY is a very small detached house of 59m², built sometime between 1996 and 2002. It was last sold for £200,000 in October 2023, which was around 32% below the average October 2023 detached price in the South Holland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

48 REMBRANDT WAY Sold Prices

Land registry data shows two sales for 48 REMBRANDT WAY 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 48 REMBRANDT 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
2023 17 OCT	£200,000	£292,119	32% below HPI
2016 24 MAR	£145,000	£206,362	30% below HPI

48 REMBRANDT 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 two 48 REMBRANDT WAY sales from March 2016 and October 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 March 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 48 REMBRANDT WAY?

48 REMBRANDT WAY is 59m² according to the EPC inspection conducted in May 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 48 REMBRANDT WAY lies on this distribution: 2% of detached houses are smaller than 48 REMBRANDT WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Spalding.

48 REMBRANDT WAY: Plot and Title Map

48 REMBRANDT WAY sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 48 REMBRANDT 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 48 REMBRANDT 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 48 REMBRANDT WAY?

48 REMBRANDT WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 48 on REMBRANDT WAY.