7, MAYTIME CLOSE, SPALDING, PE11 3FR - £255,000

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.

7 MAYTIME CLOSE is a large extended detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £314,488. It was last sold for £255,000 in July 2019, which was around 9% above the average July 2019 detached price in the South Holland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

7 MAYTIME CLOSE Sold Prices

Land registry data shows five sales for 7 MAYTIME CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. The five 7 MAYTIME CLOSE sales were a mix of above the average price, and roughly equal to 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
2019 22 JUL	£255,000	£233,529	9% above HPI
2014 3 NOV	£182,000	£182,839	Close to HPI
2012 29 AUG	£178,000	£170,464	4% above HPI
2006 15 DEC	£200,000	£185,661	8% above HPI
1999 25 MAR	£74,000	£65,900	12% above HPI

7 MAYTIME 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 five 7 MAYTIME CLOSE sales between March 1999 and July 2019 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 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 7 MAYTIME CLOSE be worth now?

7 MAYTIME CLOSE might now be worth an estimated £314,488.

This is based on house price inflation of 23.3%, between July 2019 and May 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 23.3% inflationary increase is applied to the most recent sale price for 7 MAYTIME CLOSE of £255,000 on 22nd July 2019. For the value to have increased from £255,000 to £314,488 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 7 MAYTIME CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The July 2019 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MAYTIME CLOSE has not materially changed since July 2019.

How Large is 7 MAYTIME CLOSE?

7 MAYTIME CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 30% 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 7 MAYTIME CLOSE lies on this distribution: 73% of detached houses houses are smaller than 7 MAYTIME CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Spalding.

7 MAYTIME CLOSE: Plot and Title Map

7 MAYTIME CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 7 MAYTIME 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 7 MAYTIME 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 7 MAYTIME CLOSE?

7 MAYTIME CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 7 on MAYTIME CLOSE.