16, WEST PARADE, SPALDING, PE11 1HD - £183,000

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

16 WEST PARADE is a small extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £183,000 in May 2020, which was around 22% below the average May 2020 detached price in the South Holland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

16 WEST PARADE Sold Prices

Land registry data shows two sales for 16 WEST PARADE 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. Both of the two 16 WEST PARADE 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
2020 28 MAY	£183,000	£233,881	22% below HPI
2004 10 SEP	£149,000	£157,328	5% below HPI

16 WEST PARADE 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 WEST PARADE sales from September 2004 and May 2020 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 September 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 WEST PARADE?

16 WEST PARADE is 100m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 16 WEST PARADE lies on this distribution: 38% of detached houses are smaller than 16 WEST PARADE, and 61% of houses are larger. Note that EPC data is not available for all properties in Spalding.

16 WEST PARADE: Plot and Title Map

16 WEST PARADE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 16 WEST PARADE, 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 WEST PARADE). 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 WEST PARADE?

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