12, WRIGHTS LANE, SUTTON BRIDGE, SPALDING, PE12 9RH - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 WRIGHTS LANE is a small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £225,000 in May 2019, which was around 3% below the average May 2019 detached price in the South Holland local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

12 WRIGHTS LANE Sold Prices

Land registry data shows three sales for 12 WRIGHTS LANE 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 12 WRIGHTS LANE 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 20 MAY	£225,000	£233,156	3% below HPI
2018 28 SEP	£148,000	£238,085	38% below HPI
2010 19 APR	£40,000	£171,856	77% below HPI

12 WRIGHTS LANE 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 12 WRIGHTS LANE sales between April 2010 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 September 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 12 WRIGHTS LANE?

12 WRIGHTS LANE is 90m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of detached houses in Sutton Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton Bridge, and where 12 WRIGHTS LANE lies on this distribution: 37% of detached houses are smaller than 12 WRIGHTS LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Sutton Bridge.

12 WRIGHTS LANE: Plot and Title Map

12 WRIGHTS LANE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 12 WRIGHTS LANE, 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 12 WRIGHTS LANE). 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 12 WRIGHTS LANE?

12 WRIGHTS LANE is located in SUTTON BRIDGE, in the PE12 postcode district. The below map shows the position of No. 12 on WRIGHTS LANE.