32, HORSESHOE ROAD, SPALDING, PE11 3FD - £155,000

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

32 HORSESHOE ROAD is a very small detached house of 60m², built sometime between 1996 and 2002. It was last sold for £155,000 in October 2017, which was around 32% below the average October 2017 detached price in the South Holland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

32 HORSESHOE ROAD Sold Prices

Land registry data shows four sales for 32 HORSESHOE 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. Most of the four 32 HORSESHOE 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
2017 6 OCT	£155,000	£228,849	32% below HPI
2004 13 FEB	£128,000	£152,206	16% below HPI
2001 25 JUN	£85,500	£94,728	10% below HPI
2000 10 JAN	£85,000	£72,136	18% above HPI

32 HORSESHOE 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 32 HORSESHOE ROAD sales between January 2000 and October 2017 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 February 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 32 HORSESHOE ROAD?

32 HORSESHOE ROAD is 60m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 32 HORSESHOE ROAD lies on this distribution: 2% of detached houses are smaller than 32 HORSESHOE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Spalding.

32 HORSESHOE ROAD: Plot and Title Map

32 HORSESHOE ROAD sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 32 HORSESHOE 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 32 HORSESHOE 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 32 HORSESHOE ROAD?

32 HORSESHOE ROAD is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 32 on HORSESHOE ROAD.