5, COLUMBUS CLOSE, SPALDING, PE11 2FF - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 COLUMBUS CLOSE is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £292,517. It was last sold for £170,000 in April 2011, which was around 4% above the average April 2011 detached price in the South Holland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

5 COLUMBUS CLOSE Sold Prices

Land registry data shows three sales for 5 COLUMBUS CLOSE 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 5 COLUMBUS CLOSE 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
2011 27 APR	£170,000	£163,129	4% above HPI
2002 27 NOV	£129,000	£126,222	2% above HPI
2000 30 JUN	£94,950	£82,001	16% above HPI

5 COLUMBUS 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 three 5 COLUMBUS CLOSE sales between June 2000 and April 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 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2011 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 5 COLUMBUS CLOSE be worth now?

5 COLUMBUS CLOSE might now be worth an estimated £292,517.

This is based on house price inflation of 72.1%, between April 2011 and April 2026, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.1% inflationary increase is applied to the most recent sale price for 5 COLUMBUS CLOSE of £170,000 on 27th April 2011. For the value to have increased from £170,000 to £292,517 over the fifteen years to April 2026, the following assumptions must hold true:

• The value of 5 COLUMBUS CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The April 2011 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 5 COLUMBUS CLOSE has not materially changed since April 2011.

How Large is 5 COLUMBUS CLOSE?

5 COLUMBUS CLOSE is 116m² according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 5 COLUMBUS CLOSE lies on this distribution: 56% of detached houses houses are smaller than 5 COLUMBUS CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Spalding.

5 COLUMBUS CLOSE: Plot and Title Map

5 COLUMBUS CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 5 COLUMBUS 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 5 COLUMBUS 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 5 COLUMBUS CLOSE?

5 COLUMBUS CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 5 on COLUMBUS CLOSE.