11, SPRING GARDENS, SPALDING, PE11 2XL - £160,000

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

11 SPRING GARDENS is a midsized extended detached house of 106m², built sometime between 1900 and 1929. It was last sold for £160,000 in October 2016, which was around 25% below the average October 2016 detached price in the South Holland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

11 SPRING GARDENS Sold Prices

Land registry data shows three sales for 11 SPRING GARDENS 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 11 SPRING GARDENS 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
2016 20 OCT	£160,000	£212,967	25% below HPI
2005 12 MAY	£135,000	£170,603	21% below HPI
1999 30 JUL	£59,500	£69,435	14% below HPI

11 SPRING GARDENS 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 11 SPRING GARDENS sales between July 1999 and October 2016 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 May 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 11 SPRING GARDENS?

11 SPRING GARDENS is 106m², which includes four extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 11 SPRING GARDENS lies on this distribution: 46% of detached houses are smaller than 11 SPRING GARDENS, and 54% of houses are larger. Note that EPC data is not available for all properties in Spalding.

11 SPRING GARDENS: Plot and Title Map

11 SPRING GARDENS sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 11 SPRING GARDENS, 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 11 SPRING GARDENS). 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 11 SPRING GARDENS?

11 SPRING GARDENS is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 11 on SPRING GARDENS.