27, SPRING GARDENS, SPALDING, PE11 2XL - £415,000

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

27 SPRING GARDENS is a very large extended detached house of 262m², built sometime before 1900. It was last sold for £415,000 in March 2023, which was around 42% above the average March 2023 detached price in the South Holland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

27 SPRING GARDENS Sold Prices

Land registry data shows two sales for 27 SPRING GARDENS 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 27 SPRING GARDENS sales were for above 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 22 MAR	£415,000	£291,946	42% above HPI
2020 14 DEC	£365,000	£242,565	50% above HPI

27 SPRING GARDENS 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 27 SPRING GARDENS sales from December 2020 and March 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 December 2020 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the March 2023 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 27 SPRING GARDENS?

27 SPRING GARDENS is 262m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 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 27 SPRING GARDENS lies on this distribution: 99% of detached houses are smaller than 27 SPRING GARDENS, and 1% of houses are larger. Note that EPC data is not available for all properties in Spalding.

27 SPRING GARDENS: Plot and Title Map

27 SPRING GARDENS sits on a plot of roughly 0.301 of an acre, or 1,218m². The below map shows the location of 27 SPRING GARDENS, 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 27 SPRING GARDENS). 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 27 SPRING GARDENS?

27 SPRING GARDENS is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 27 on SPRING GARDENS.