15, NEW ROAD, SUTTON BRIDGE, SPALDING, PE12 9RA - £228,000

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

15 NEW ROAD is a very small extended detached house of 72m², built sometime between 1930 and 1949. It was last sold for £228,000 in July 2022, which was around 22% below the average July 2022 detached price in the South Holland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

15 NEW ROAD Sold Prices

Land registry data shows three sales for 15 NEW ROAD 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 15 NEW ROAD 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
2022 4 JUL	£228,000	£291,462	22% below HPI
2016 27 MAY	£112,000	£212,166	47% below HPI
2010 30 JUL	£95,000	£178,838	47% below HPI

15 NEW 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 three 15 NEW ROAD sales between July 2010 and July 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 May 2016 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 NEW ROAD?

15 NEW ROAD is 72m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% 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 15 NEW ROAD lies on this distribution: 10% of detached houses are smaller than 15 NEW ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Sutton Bridge.

15 NEW ROAD: Plot and Title Map

15 NEW ROAD sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 15 NEW 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 15 NEW 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 15 NEW ROAD?

15 NEW ROAD is located in SUTTON BRIDGE, in the PE12 postcode district. The below map shows the position of No. 15 on NEW ROAD.