16, HORSESHOE ROAD, SPALDING, PE11 3FB - £137,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 HORSESHOE ROAD is a small extended detached house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £293,048. It was last sold for £137,995 in May 2003, which was around 2% above the average May 2003 detached price in the South Holland local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

16 HORSESHOE ROAD Sold Prices

Land registry data shows two sales for 16 HORSESHOE ROAD 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 16 HORSESHOE ROAD sales was for above the average price, whilst the other was roughly equal to 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
2003 30 MAY	£137,995	£134,671	2% above HPI
1996 19 JUL	£55,950	£56,020	Close to HPI

16 HORSESHOE 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 two 16 HORSESHOE ROAD sales from July 1996 and May 2003 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 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2003 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 16 HORSESHOE ROAD be worth now?

16 HORSESHOE ROAD might now be worth an estimated £293,048.

This is based on house price inflation of 112.4%, between May 2003 and December 2024, 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 112.4% inflationary increase is applied to the most recent sale price for 16 HORSESHOE ROAD of £137,995 on 30th May 2003. For the value to have increased from £137,995 to £293,048 over the twenty years and five months to December 2024, the following assumptions must hold true:

• The value of 16 HORSESHOE ROAD has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2003 sale price of £137,995 represented a fair market value for the property.
• The size, condition, and specification of 16 HORSESHOE ROAD has not materially changed since May 2003.

How Large is 16 HORSESHOE ROAD?

16 HORSESHOE ROAD is 100m², which includes one extension, according to the EPC inspection conducted in December 2020. 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 16 HORSESHOE ROAD lies on this distribution: 38% of detached houses houses are smaller than 16 HORSESHOE ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Spalding.

16 HORSESHOE ROAD: Plot and Title Map

16 HORSESHOE ROAD sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 16 HORSESHOE 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 16 HORSESHOE 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 16 HORSESHOE ROAD?

16 HORSESHOE ROAD is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 16 on HORSESHOE ROAD.