304, PARK ROAD, SPALDING, PE11 1QT - £173,000

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

304 PARK ROAD is a very small detached house of 82m², built sometime between 1900 and 1929. It was last sold for £173,000 in July 2021, which was around 33% below the average July 2021 detached price in the South Holland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was B.

304 PARK ROAD Sold Prices

Land registry data shows three sales for 304 PARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 304 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
2021 23 JUL	£173,000	£258,087	33% below HPI
2001 30 MAR	£60,000	£90,729	34% below HPI
1999 26 MAY	£64,000	£70,373	9% below HPI

304 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 three 304 PARK ROAD sales between May 1999 and July 2021 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 March 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 304 PARK ROAD?

304 PARK ROAD is 82m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 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 304 PARK ROAD lies on this distribution: 18% of detached houses are smaller than 304 PARK ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Spalding.

304 PARK ROAD: Plot and Title Map

304 PARK ROAD sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 304 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 304 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 304 PARK ROAD?

304 PARK ROAD is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 304 on PARK ROAD.