23, SPRING STREET, SPALDING, PE11 2XW - £235,000

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 SPRING STREET is a small extended detached house of 97m², built sometime between 1900 and 1929. It was last sold for £235,000 in November 2021, which was around 13% below the average November 2021 detached price in the South Holland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

23 SPRING STREET Sold Prices

Land registry data shows three sales for 23 SPRING STREET 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. The three 23 SPRING STREET sales were a mix of below the average price, and roughly equal to 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
2021 26 NOV	£235,000	£268,918	13% below HPI
2002 1 MAY	£107,000	£106,845	Close to HPI
2000 4 DEC	£60,000	£88,070	32% below HPI

23 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 three 23 SPRING STREET sales between December 2000 and November 2021 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 May 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 23 SPRING STREET?

23 SPRING STREET is 97m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% 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 SPRING STREET lies on this distribution: 34% of detached houses are smaller than 23 SPRING STREET, and 64% of houses are larger. Note that EPC data is not available for all properties in Spalding.

23 SPRING STREET: Plot and Title Map

23 SPRING STREET sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 23 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 23 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 23 SPRING STREET?

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