14, RIVER BANK, SPALDING, PE11 3AA - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 RIVER BANK is a small extended detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £278,252. It was last sold for £290,000 in April 2023, which was about the average April 2023 detached price in the South Holland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

14 RIVER BANK Sold Prices

Land registry data shows two sales for 14 RIVER BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. One of the two 14 RIVER BANK sales was roughly equal to the average price, whilst the other was 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
2023 19 APR	£290,000	£289,923	Close to HPI
2001 12 APR	£55,000	£91,510	40% below HPI

14 RIVER BANK 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 two 14 RIVER BANK sales from April 2001 and April 2023 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 April 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 14 RIVER BANK be worth now?

14 RIVER BANK might now be worth an estimated £278,252.

This is based on house price deflation of 4.1%, between April 2023 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.1% deflationary decrease is applied to the most recent sale price for 14 RIVER BANK of £290,000 on 19th April 2023. For the value to have decreased from £290,000 to £278,252 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 14 RIVER BANK has moved in line with the HPI for detached houses in the South Holland local authority area.
• The April 2023 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 14 RIVER BANK has not materially changed since April 2023.

How Large is 14 RIVER BANK?

14 RIVER BANK is 97m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 14 RIVER BANK lies on this distribution: 35% of detached houses houses are smaller than 14 RIVER BANK, and 64% of houses are larger. Note that EPC data is not available for all properties in Spalding.

14 RIVER BANK: Plot and Title Map

14 RIVER BANK sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 14 RIVER BANK, 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 RIVER BANK). 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 14 RIVER BANK?

14 RIVER BANK is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 14 on RIVER BANK.