Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 ARMSTRONG ROAD is a large extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £275,360 in November 2023, which was around 4% below the average November 2023 detached price in the South Holland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 2 ARMSTRONG ROAD since 1st 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. The five 2 ARMSTRONG ROAD sales were a mix of below the average price, roughly equal to the average price, and above 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 |
---|---|---|---|
2023 3 NOV | £275,360 | £287,272 | 4% below HPI |
2021 17 JUN | £256,000 | £255,436 | Close to HPI |
2006 19 JUN | £192,500 | £179,951 | 7% above HPI |
2006 5 MAY | £178,000 | £176,392 | 1% above HPI |
2001 31 AUG | £116,500 | £97,348 | 20% above HPI |
The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The five 2 ARMSTRONG ROAD sales between August 2001 and November 2023 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 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
2 ARMSTRONG ROAD is 130m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 2 ARMSTRONG ROAD lies on this distribution: 71% of detached houses are smaller than 2 ARMSTRONG ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Spalding.
2 ARMSTRONG ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 ARMSTRONG 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 2 ARMSTRONG 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.
2 ARMSTRONG ROAD is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 2 on ARMSTRONG ROAD.