2, WRIGHTS LANE, SUTTON BRIDGE, SPALDING, PE12 9RH - £163,000

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

2 WRIGHTS LANE is a midsized extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £163,000 in February 2015, which was around 14% below the average February 2015 detached price in the South Holland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

2 WRIGHTS LANE Sold Prices

Land registry data shows two sales for 2 WRIGHTS 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 2 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
2015 6 FEB	£163,000	£188,642	14% below HPI
2006 7 DEC	£155,000	£186,575	17% below HPI

2 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 two 2 WRIGHTS LANE sales from December 2006 and February 2015 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 December 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 WRIGHTS LANE?

2 WRIGHTS LANE is 106m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% 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 2 WRIGHTS LANE lies on this distribution: 52% of detached houses are smaller than 2 WRIGHTS LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Sutton Bridge.

2 WRIGHTS LANE: Plot and Title Map

2 WRIGHTS LANE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 2 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 2 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 2 WRIGHTS LANE?

2 WRIGHTS LANE is located in SUTTON BRIDGE, in the PE12 postcode district. The below map shows the position of No. 2 on WRIGHTS LANE.