150, ROMAN BANK, SPALDING, PE11 2HR - £172,000

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.

150 ROMAN BANK is a small extended detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £161,290. It was last sold for £172,000 in August 2022, which was around 42% below the average August 2022 detached price in the South Holland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

150 ROMAN BANK Sold Prices

Land registry data shows seven sales for 150 ROMAN BANK since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the seven 150 ROMAN BANK 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 23 AUG	£172,000	£296,650	42% below HPI
2008 16 MAY	£122,500	£188,396	35% below HPI
2005 11 MAR	£100,000	£169,694	41% below HPI
2003 19 SEP	£78,000	£139,457	44% below HPI
2001 30 JUN	£57,000	£94,264	40% below HPI
1999 27 AUG	£39,500	£69,056	43% below HPI
1998 8 SEP	£38,500	£64,264	40% below HPI

150 ROMAN 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 seven 150 ROMAN BANK sales between September 1998 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 May 2008 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 150 ROMAN BANK be worth now?

150 ROMAN BANK might now be worth an estimated £161,290.

This is based on house price deflation of 6.2%, between August 2022 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 6.2% deflationary decrease is applied to the most recent sale price for 150 ROMAN BANK of £172,000 on 23rd August 2022. For the value to have decreased from £172,000 to £161,290 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 150 ROMAN BANK has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2022 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 150 ROMAN BANK has not materially changed since August 2022.

How Large is 150 ROMAN BANK?

150 ROMAN BANK is 84m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% 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 150 ROMAN BANK lies on this distribution: 21% of detached houses houses are smaller than 150 ROMAN BANK, and 78% of houses are larger. Note that EPC data is not available for all properties in Spalding.

150 ROMAN BANK: Plot and Title Map

150 ROMAN BANK sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 150 ROMAN 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 150 ROMAN 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 150 ROMAN BANK?

150 ROMAN BANK is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 150 on ROMAN BANK.