242, PARK ROAD, SPALDING, PE11 1QZ - £157,000

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

242 PARK ROAD is a midsized extended detached house of 111m², built sometime between 1900 and 1929. It was last sold for £157,000 in August 2013, which was around 5% below the average August 2013 detached price in the South Holland local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

242 PARK ROAD Sold Prices

Land registry data shows five sales for 242 PARK ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 242 PARK ROAD 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
2013 30 AUG	£157,000	£165,586	5% below HPI
2010 27 JAN	£145,000	£175,738	17% below HPI
2003 5 DEC	£131,000	£151,491	14% below HPI
2001 16 JUL	£79,000	£93,338	15% below HPI
1998 24 APR	£40,500	£61,112	34% below HPI

242 PARK ROAD 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 five 242 PARK ROAD sales between April 1998 and August 2013 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 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2013 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 242 PARK ROAD?

242 PARK ROAD is 111m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 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 242 PARK ROAD lies on this distribution: 51% of detached houses are smaller than 242 PARK ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Spalding.

242 PARK ROAD: Plot and Title Map

242 PARK ROAD sits on a plot of roughly 0.073 of an acre, or 293m². The below map shows the location of 242 PARK ROAD, 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 242 PARK ROAD). 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 242 PARK ROAD?

242 PARK ROAD is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 242 on PARK ROAD.