3, RAILWAY LANE NORTH, SUTTON BRIDGE, SPALDING, PE12 9LP - £210,000

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

3 RAILWAY LANE NORTH is a midsized extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £210,000 in August 2024, which was around 27% below the average August 2024 detached price in the South Holland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

3 RAILWAY LANE NORTH Sold Prices

Land registry data shows two sales for 3 RAILWAY LANE NORTH 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 3 RAILWAY LANE NORTH 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
2024 12 AUG	£210,000	£287,267	27% below HPI
2020 5 OCT	£140,000	£241,697	42% below HPI

3 RAILWAY LANE NORTH 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 3 RAILWAY LANE NORTH sales from October 2020 and August 2024 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 October 2020 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2024 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 RAILWAY LANE NORTH?

3 RAILWAY LANE NORTH is 94m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% 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 3 RAILWAY LANE NORTH lies on this distribution: 42% of detached houses are smaller than 3 RAILWAY LANE NORTH, and 58% of houses are larger. Note that EPC data is not available for all properties in Sutton Bridge.

3 RAILWAY LANE NORTH: Plot and Title Map

3 RAILWAY LANE NORTH sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 3 RAILWAY LANE NORTH, 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 3 RAILWAY LANE NORTH). 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 3 RAILWAY LANE NORTH?

3 RAILWAY LANE NORTH is located in SUTTON BRIDGE, in the PE12 postcode district. The below map shows the position of No. 3 on RAILWAY LANE NORTH.