22, SPRING STREET, SPALDING, PE11 2XW - £198,000

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

22 SPRING STREET is a midsized extended detached house of 108m², built sometime between 1900 and 1929. It was last sold for £198,000 in September 2023, which was around 31% below the average September 2023 detached price in the South Holland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

22 SPRING STREET Sold Prices

Land registry data shows two sales for 22 SPRING STREET 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 22 SPRING STREET 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
2023 20 SEP	£198,000	£289,034	31% below HPI
2014 17 JAN	£97,500	£169,973	43% below HPI

22 SPRING STREET 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 22 SPRING STREET sales from January 2014 and September 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 January 2014 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 22 SPRING STREET?

22 SPRING STREET is 108m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 22 SPRING STREET lies on this distribution: 48% of detached houses are smaller than 22 SPRING STREET, and 52% of houses are larger. Note that EPC data is not available for all properties in Spalding.

22 SPRING STREET: Plot and Title Map

22 SPRING STREET sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 22 SPRING STREET, 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 22 SPRING STREET). 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 22 SPRING STREET?

22 SPRING STREET is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 22 on SPRING STREET.