24, RAILWAY LANE, SUTTON BRIDGE, SPALDING, PE12 9UY - £135,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 RAILWAY LANE is a very small extended detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £207,679. It was last sold for £135,000 in October 2014, which was around 25% below the average October 2014 detached price in the South Holland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

24 RAILWAY LANE Sold Prices

Land registry data shows two sales for 24 RAILWAY 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 24 RAILWAY 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
2014 30 OCT	£135,000	£180,827	25% below HPI
2002 18 APR	£88,000	£102,973	15% below HPI

24 RAILWAY 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 24 RAILWAY LANE sales from April 2002 and October 2014 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 April 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 24 RAILWAY LANE be worth now?

24 RAILWAY LANE might now be worth an estimated £207,679.

This is based on house price inflation of 53.8%, between October 2014 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.8% inflationary increase is applied to the most recent sale price for 24 RAILWAY LANE of £135,000 on 30th October 2014. For the value to have increased from £135,000 to £207,679 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 RAILWAY LANE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2014 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 24 RAILWAY LANE has not materially changed since October 2014.

How Large is 24 RAILWAY LANE?

24 RAILWAY LANE is 73m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses houses in Sutton Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutton Bridge, and where 24 RAILWAY LANE lies on this distribution: 13% of detached houses houses are smaller than 24 RAILWAY LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Sutton Bridge.

24 RAILWAY LANE: Plot and Title Map

24 RAILWAY LANE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 24 RAILWAY 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 24 RAILWAY 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 24 RAILWAY LANE?

24 RAILWAY LANE is located in SUTTON BRIDGE, in the PE12 postcode district. The below map shows the position of No. 24 on RAILWAY LANE.