18, WRIGHTS LANE, SUTTON BRIDGE, SPALDING, PE12 9RH - £205,000

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 WRIGHTS LANE is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £205,000 in September 2021, which was around 22% below the average September 2021 detached price in the South Holland local authority area. The most recent EPC inspection was December 2020, where the current energy rating was E, and the potential energy rating was C.

18 WRIGHTS LANE Sold Prices

Land registry data shows five sales for 18 WRIGHTS LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 18 WRIGHTS 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
2021 24 SEP	£205,000	£262,721	22% below HPI
2013 15 JUL	£148,000	£163,642	10% below HPI
2010 30 NOV	£147,000	£169,525	13% below HPI
2007 27 SEP	£161,500	£197,119	18% below HPI
2002 13 SEP	£87,000	£118,411	27% below HPI

18 WRIGHTS 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 five 18 WRIGHTS LANE sales between September 2002 and September 2021 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 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 18 WRIGHTS LANE?

18 WRIGHTS LANE is 77m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% of detached houses in Sutton Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton Bridge, and where 18 WRIGHTS LANE lies on this distribution: 19% of detached houses are smaller than 18 WRIGHTS LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Sutton Bridge.

18 WRIGHTS LANE: Plot and Title Map

18 WRIGHTS LANE sits on a plot of roughly 0.112 of an acre, or 451m². The below map shows the location of 18 WRIGHTS 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 WRIGHTS 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 WRIGHTS LANE?

18 WRIGHTS LANE is located in SUTTON BRIDGE, in the PE12 postcode district. The below map shows the position of No. 18 on WRIGHTS LANE.