7, WESTERLY WAY, SPALDING, PE11 3FH - £220,000

7 WESTERLY WAY is a very small detached house of 61m², built sometime between 1996 and 2002. It was last sold for £220,000 in August 2022, which was around 27% below the average August 2022 detached price in the South Holland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

7 WESTERLY WAY Sold Prices

Land registry data shows two sales for 7 WESTERLY 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. One of the two 7 WESTERLY WAY sales was for below the average price, whilst the other was 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
2022 3 AUG	£220,000	£299,678	27% below HPI
1999 22 JAN	£71,500	£64,385	11% above HPI

7 WESTERLY 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 7 WESTERLY WAY sales from January 1999 and August 2022 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 January 1999 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 WESTERLY WAY?

7 WESTERLY WAY is 61m² according to the EPC inspection conducted in January 2019. 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 7 WESTERLY WAY lies on this distribution: 3% of detached houses are smaller than 7 WESTERLY WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Spalding.

7 WESTERLY WAY: Plot and Title Map

7 WESTERLY WAY sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 7 WESTERLY 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 7 WESTERLY 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 7 WESTERLY WAY?

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