1, SOUTH PARADE, SPALDING, PE11 2YJ - £166,000

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 SOUTH PARADE is a very small extended detached house of 75m², built sometime between 1900 and 1929. It was last sold for £166,000 in March 2008, which was around 12% below the average March 2008 detached price in the South Holland local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

1 SOUTH PARADE Sold Prices

Land registry data shows three sales for 1 SOUTH PARADE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 1 SOUTH PARADE 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
2008 18 MAR	£166,000	£189,368	12% below HPI
2001 16 AUG	£75,000	£97,348	23% below HPI
2000 24 NOV	£78,000	£84,898	8% below HPI

1 SOUTH PARADE 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 three 1 SOUTH PARADE sales between November 2000 and March 2008 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 August 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2008 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 SOUTH PARADE?

1 SOUTH PARADE is 75m², which includes one extension, according to the EPC inspection conducted in August 2024. 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 SOUTH PARADE lies on this distribution: 12% of detached houses are smaller than 1 SOUTH PARADE, and 87% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 SOUTH PARADE: Plot and Title Map

1 SOUTH PARADE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 1 SOUTH PARADE, 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 SOUTH PARADE). 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 SOUTH PARADE?

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