18, WOODS LANE, SURFLEET, SPALDING, PE11 4AN - £192,000

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.

18 WOODS LANE is a very small extended detached house of 83m², built sometime between 1900 and 1929, which could now be worth an estimated £230,829. It was last sold for £192,000 in March 2020, which was around 17% below the average March 2020 detached price in the South Holland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

18 WOODS LANE Sold Prices

Land registry data shows two sales for 18 WOODS LANE 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 18 WOODS LANE 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 16 MAR	£192,000	£231,384	17% below HPI
2016 17 JUN	£170,000	£210,664	19% below HPI

18 WOODS LANE 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 18 WOODS LANE sales from June 2016 and March 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 June 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 18 WOODS LANE be worth now?

18 WOODS LANE might now be worth an estimated £230,829.

This is based on house price inflation of 20.2%, between March 2020 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 20.2% inflationary increase is applied to the most recent sale price for 18 WOODS LANE of £192,000 on 16th March 2020. For the value to have increased from £192,000 to £230,829 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 18 WOODS LANE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The March 2020 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WOODS LANE has not materially changed since March 2020.

How Large is 18 WOODS LANE?

18 WOODS LANE is 83m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses houses in Surfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Surfleet, and where 18 WOODS LANE lies on this distribution: 10% of detached houses houses are smaller than 18 WOODS LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Surfleet.

18 WOODS LANE: Plot and Title Map

18 WOODS LANE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 18 WOODS LANE, 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 18 WOODS LANE). 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 18 WOODS LANE?

18 WOODS LANE is located in SURFLEET, in the PE11 postcode district. The below map shows the position of No. 18 on WOODS LANE.