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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 WOODS LANE is a very small extended detached house of 83m², built sometime between 1900 and 1929. 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	£232,523	17% below HPI
2016 17 JUN	£170,000	£211,701	20% 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 20% below the HPI. So the extrapolation line tracks at 20% 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.

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 20% of detached houses in Surfleet, based on EPC data. The below chart shows the distribution of detached houses by size in Surfleet, and where 18 WOODS LANE lies on this distribution: 10% of detached 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.