7, MORUS CLOSE, SPALDING, PE11 2QL - £249,999

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 MORUS CLOSE is a detached house, which could now be worth an estimated £485,121. It was last sold for £249,999 in August 2009, which was around 68% above the average August 2009 detached price in the South Holland local authority area.

7 MORUS CLOSE Sold Prices

Land registry data shows two sales for 7 MORUS CLOSE 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 7 MORUS 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
2009 12 AUG	£249,999	£148,420	68% above HPI
1999 15 APR	£108,000	£69,536	55% above HPI

What might 7 MORUS CLOSE be worth now?

7 MORUS CLOSE might now be worth an estimated £485,121.

This is based on house price inflation of 94%, between August 2009 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 94% inflationary increase is applied to the most recent sale price for 7 MORUS CLOSE of £249,999 on 12th August 2009. For the value to have increased from £249,999 to £485,121 over the seventeen years and three months to May 2026, the following assumptions must hold true:

• The value of 7 MORUS CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2009 sale price of £249,999 represented a fair market value for the property.
• The size, condition, and specification of 7 MORUS CLOSE has not materially changed since August 2009.

Where is 7 MORUS CLOSE?

7 MORUS CLOSE is located in SPALDING, in the PE11 postcode district.