2, MEADOW CLOSE, SPALDING, PE11 2BL - £215,000

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.

2 MEADOW CLOSE is a small extended detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £265,967. It was last sold for £215,000 in February 2019, which was around 8% below the average February 2019 detached price in the South Holland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

2 MEADOW CLOSE Sold Prices

Land registry data shows one sale for 2 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the South Holland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 26 FEB	£215,000	£232,817	8% below HPI

What might 2 MEADOW CLOSE be worth now?

2 MEADOW CLOSE might now be worth an estimated £265,967.

This is based on house price inflation of 23.7%, between February 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 23.7% inflationary increase is applied to the most recent sale price for 2 MEADOW CLOSE of £215,000 on 26th February 2019. For the value to have increased from £215,000 to £265,967 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 MEADOW CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The February 2019 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEADOW CLOSE has not materially changed since February 2019.

How Large is 2 MEADOW CLOSE?

2 MEADOW CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 2 MEADOW CLOSE lies on this distribution: 28% of detached houses are smaller than 2 MEADOW CLOSE, and 71% of detached houses are larger. Note that EPC data is not available for all properties in Spalding.

2 MEADOW CLOSE: Plot

2 MEADOW CLOSE sits on a plot of roughly 0.165 of an acre, or 667m².

Where is 2 MEADOW CLOSE?

2 MEADOW CLOSE is located in SPALDING, in the PE11 postcode district.