1, ROMAN BANK, SPALDING, PE11 2HN - £210,000

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 ROMAN BANK is a large extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £210,000 in May 2019, which was around 10% below the average May 2019 detached price in the South Holland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

1 ROMAN BANK Sold Prices

Land registry data shows four sales for 1 ROMAN BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 1 ROMAN 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
2019 23 MAY	£210,000	£233,156	10% below HPI
2016 19 FEB	£171,000	£202,095	15% below HPI
2009 18 DEC	£145,000	£164,536	12% below HPI
2006 20 JUL	£135,000	£181,780	26% below HPI

1 ROMAN 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 four 1 ROMAN BANK sales between July 2006 and May 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 February 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1 ROMAN BANK?

1 ROMAN BANK is 123m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 40% 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 ROMAN BANK lies on this distribution: 64% of detached houses are smaller than 1 ROMAN BANK, and 35% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 ROMAN BANK: Plot and Title Map

1 ROMAN BANK sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 1 ROMAN 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 ROMAN 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 ROMAN BANK?

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