124, MAIN ROAD, QUADRING, SPALDING, PE11 4PW - £375,000

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

124 MAIN ROAD is a midsized extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £375,000 in August 2022, which was around 26% above the average August 2022 detached price in the South Holland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

124 MAIN ROAD Sold Prices

Land registry data shows four sales for 124 MAIN ROAD 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. two of the four 124 MAIN ROAD sales were for above the average price, and four 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
2022 31 AUG	£375,000	£298,111	26% above HPI
2013 6 DEC	£179,950	£168,147	7% above HPI
2007 27 AUG	£100,000	£192,869	48% below HPI
2002 27 SEP	£102,500	£118,411	13% below HPI

124 MAIN ROAD 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 124 MAIN ROAD sales between September 2002 and August 2022 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 December 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 124 MAIN ROAD?

124 MAIN ROAD is 124m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses in Quadring, based on EPC data. The below chart shows the distribution of detached houses by size in Quadring, and where 124 MAIN ROAD lies on this distribution: 51% of detached houses are smaller than 124 MAIN ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Quadring.

124 MAIN ROAD: Plot and Title Map

124 MAIN ROAD sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 124 MAIN ROAD, 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 124 MAIN ROAD). 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 124 MAIN ROAD?

124 MAIN ROAD is located in QUADRING, in the PE11 postcode district. The below map shows the position of No. 124 on MAIN ROAD.