294, PARK ROAD, SPALDING, PE11 1QT - £200,000

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

294 PARK ROAD is a small extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £200,000 in September 2022, which was around 33% below the average September 2022 detached price in the South Holland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

294 PARK ROAD Sold Prices

Land registry data shows four sales for 294 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 294 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
2022 13 SEP	£200,000	£300,708	33% below HPI
2014 23 MAY	£125,000	£178,190	30% below HPI
2001 28 SEP	£58,250	£98,007	41% below HPI
2001 27 SEP	£88,500	£98,007	10% below HPI

294 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 four 294 PARK ROAD sales between September 2001 and September 2022 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 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 294 PARK ROAD?

294 PARK ROAD is 98m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 294 PARK ROAD lies on this distribution: 36% of detached houses are smaller than 294 PARK ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Spalding.

294 PARK ROAD: Plot and Title Map

294 PARK ROAD sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 294 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 294 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 294 PARK ROAD?

294 PARK ROAD is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 294 on PARK ROAD.