1, CRADGE BANK, SPALDING, PE11 3AB - £57,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CRADGE BANK is a very small extended detached house of 75m², built sometime between 1991 and 1995. It was last sold for £57,500 in December 2000, which was around 35% below the average December 2000 detached price in the South Holland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

1 CRADGE BANK Sold Prices

Land registry data shows two sales for 1 CRADGE BANK 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 1 CRADGE BANK sales were for below 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
2000 22 DEC	£57,500	£88,070	35% below HPI
1998 22 JUN	£44,000	£63,523	31% below HPI

1 CRADGE BANK 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 1 CRADGE BANK sales from June 1998 and December 2000 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 June 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2000 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 CRADGE BANK?

1 CRADGE BANK is 75m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 1 CRADGE BANK lies on this distribution: 12% of detached houses are smaller than 1 CRADGE BANK, and 87% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 CRADGE BANK: Plot and Title Map

1 CRADGE BANK sits on a plot of roughly 0.055 of an acre, or 225m². The below map shows the location of 1 CRADGE BANK, 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 1 CRADGE BANK). 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 1 CRADGE BANK?

1 CRADGE BANK is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 1 on CRADGE BANK.