1A, HEREWARD ROAD, SPALDING, PE11 1HG - £164,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1A HEREWARD ROAD is a very small extended detached house of 78m², built sometime between 1976 and 1982. It was last sold for £164,000 in May 2016, which was around 22% below the average May 2016 detached price in the South Holland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

1A HEREWARD ROAD Sold Prices

Land registry data shows three sales for 1A HEREWARD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 1A HEREWARD ROAD 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
2016 3 MAY	£164,000	£211,126	22% below HPI
2015 24 NOV	£127,500	£196,626	35% below HPI
2013 12 AUG	£124,000	£164,775	25% below HPI

1A HEREWARD ROAD 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 three 1A HEREWARD ROAD sales between August 2013 and May 2016 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 November 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 1A HEREWARD ROAD be worth now?

1A HEREWARD ROAD might now be worth an estimated £222,153.

This is based on house price inflation of 35.5%, between May 2016 and December 2024, 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 35.5% inflationary increase is applied to the most recent sale price for 1A HEREWARD ROAD of £164,000 on 3rd May 2016. For the value to have increased from £164,000 to £222,153 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 1A HEREWARD ROAD has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2016 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 1A HEREWARD ROAD has not materially changed since May 2016.

How Large is 1A HEREWARD ROAD?

1A HEREWARD ROAD is 78m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 1A HEREWARD ROAD lies on this distribution: 15% of detached houses houses are smaller than 1A HEREWARD ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1A HEREWARD ROAD: Plot and Title Map

1A HEREWARD ROAD sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 1A HEREWARD ROAD, 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 1A HEREWARD ROAD). 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 1A HEREWARD ROAD?

1A HEREWARD ROAD is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 1A on HEREWARD ROAD.