15, THE PARKWAY, SPALDING, PE11 3EE - £235,000

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

15 THE PARKWAY is a very large detached house of 183m², built sometime between 1991 and 1995. It was last sold for £235,000 in July 2009, which was around 58% above the average July 2009 detached price in the South Holland local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

15 THE PARKWAY Sold Prices

Land registry data shows four sales for 15 THE PARKWAY 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. All of the four 15 THE PARKWAY sales were 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
2009 20 JUL	£235,000	£149,168	58% above HPI
2005 29 JUL	£271,000	£169,602	60% above HPI
1999 27 SEP	£132,500	£72,097	84% above HPI
1996 18 JUL	£111,000	£56,296	97% above HPI

15 THE PARKWAY 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 15 THE PARKWAY sales between July 1996 and July 2009 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 July 2005 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the July 2009 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 15 THE PARKWAY?

15 THE PARKWAY is 183m² according to the EPC inspection conducted in March 2009. 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 15 THE PARKWAY lies on this distribution: 93% of detached houses are smaller than 15 THE PARKWAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Spalding.

15 THE PARKWAY: Plot and Title Map

15 THE PARKWAY sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of 15 THE PARKWAY, 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 THE PARKWAY). 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 THE PARKWAY?

15 THE PARKWAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 15 on THE PARKWAY.