31, LOVE LANE, SPALDING, PE11 2PG - £160,000

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

31 LOVE LANE is a small detached house of 86m², built sometime between 1900 and 1929. It was last sold for £160,000 in December 2019, which was around 33% below the average December 2019 detached price in the South Holland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

31 LOVE LANE Sold Prices

Land registry data shows three sales for 31 LOVE LANE 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 31 LOVE LANE 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
2019 20 DEC	£160,000	£237,099	33% below HPI
2017 4 APR	£150,000	£220,255	32% below HPI
2000 3 NOV	£50,000	£84,898	41% below HPI

31 LOVE 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 three 31 LOVE LANE sales between November 2000 and December 2019 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 April 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 31 LOVE LANE?

31 LOVE LANE is 86m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 31 LOVE LANE lies on this distribution: 23% of detached houses are smaller than 31 LOVE LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Spalding.

31 LOVE LANE: Plot and Title Map

31 LOVE LANE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 31 LOVE 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 31 LOVE 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 31 LOVE LANE?

31 LOVE LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 31 on LOVE LANE.