28, MONKS HOUSE LANE, SPALDING, PE11 3LH - £316,000

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

28 MONKS HOUSE LANE is a very large extended detached house of 162m², built sometime between 1983 and 1990. It was last sold for £316,000 in August 2018, which was around 33% above the average August 2018 detached price in the South Holland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

28 MONKS HOUSE LANE Sold Prices

Land registry data shows two sales for 28 MONKS HOUSE 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 28 MONKS HOUSE LANE 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
2018 29 AUG	£316,000	£237,008	33% above HPI
1997 30 MAY	£89,000	£59,061	51% above HPI

28 MONKS HOUSE 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 28 MONKS HOUSE LANE sales from May 1997 and August 2018 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 1997 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the August 2018 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 28 MONKS HOUSE LANE?

28 MONKS HOUSE LANE is 162m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 28 MONKS HOUSE LANE lies on this distribution: 87% of detached houses are smaller than 28 MONKS HOUSE LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Spalding.

28 MONKS HOUSE LANE: Plot and Title Map

28 MONKS HOUSE LANE sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of 28 MONKS HOUSE 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 28 MONKS HOUSE 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 28 MONKS HOUSE LANE?

28 MONKS HOUSE LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 28 on MONKS HOUSE LANE.