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

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 WRIGHTS LANE is a very small extended detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £218,130. 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	£261,434	22% below HPI
2013 15 JUL	£148,000	£162,840	9% below HPI
2010 30 NOV	£147,000	£168,695	13% below HPI
2007 27 SEP	£161,500	£196,154	18% below HPI
2002 13 SEP	£87,000	£117,831	26% 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 9% below the HPI. So the extrapolation line tracks at 9% 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.

What might 18 WRIGHTS LANE be worth now?

18 WRIGHTS LANE might now be worth an estimated £218,130.

This is based on house price inflation of 6.4%, between September 2021 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 6.4% inflationary increase is applied to the most recent sale price for 18 WRIGHTS LANE of £205,000 on 24th September 2021. For the value to have increased from £205,000 to £218,130 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 WRIGHTS LANE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WRIGHTS LANE has not materially changed since September 2021.

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 houses in Sutton Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutton Bridge, and where 18 WRIGHTS LANE lies on this distribution: 19% of detached houses 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 0.111 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.