23, BALMORAL AVENUE, SPALDING, PE11 2RN - £225,000

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

23 BALMORAL AVENUE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £225,000 in July 2023, which was around 20% below the average July 2023 detached price in the South Holland local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

23 BALMORAL AVENUE Sold Prices

Land registry data shows two sales for 23 BALMORAL AVENUE 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 23 BALMORAL AVENUE 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 14 JUL	£225,000	£281,411	20% below HPI
2018 16 MAR	£147,500	£228,281	35% below HPI

23 BALMORAL AVENUE 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 23 BALMORAL AVENUE sales from March 2018 and July 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 March 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 23 BALMORAL AVENUE?

23 BALMORAL AVENUE is 68m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 23 BALMORAL AVENUE lies on this distribution: 6% of detached houses are smaller than 23 BALMORAL AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Spalding.

23 BALMORAL AVENUE: Plot and Title Map

23 BALMORAL AVENUE sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of 23 BALMORAL AVENUE, 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 23 BALMORAL AVENUE). 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 23 BALMORAL AVENUE?

23 BALMORAL AVENUE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 23 on BALMORAL AVENUE.