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
14 MONKS WALK is a very large detached house of 168m², built sometime between 1983 and 1990. It was last sold for £159,500 in December 2016, which was around 25% below the average December 2016 detached price in the South Holland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 14 MONKS WALK since 1st 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. Two of the three 14 MONKS WALK sales were for below the average price, whilst one was for above 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 16 DEC | £159,500 | £213,758 | 25% below HPI |
2015 20 FEB | £175,000 | £188,642 | 7% below HPI |
1998 26 JUN | £91,000 | £63,523 | 43% above HPI |
The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 14 MONKS WALK sales between June 1998 and December 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 February 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
14 MONKS WALK is 168m² according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 14 MONKS WALK lies on this distribution: 90% of detached houses are smaller than 14 MONKS WALK, and 10% of houses are larger. Note that EPC data is not available for all properties in Spalding.
14 MONKS WALK sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 14 MONKS WALK, 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 14 MONKS WALK). 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.
14 MONKS WALK is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 14 on MONKS WALK.