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

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

24 RAILWAY LANE is a very small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £135,000 in October 2014, which was around 26% 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	£181,718	26% below HPI
2002 18 APR	£88,000	£103,480	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 26% below the HPI. The line then continues to track at 26% below the HPI.

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 in Sutton Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton Bridge, and where 24 RAILWAY LANE lies on this distribution: 13% of detached 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.