32, PARK AVENUE, SPALDING, PE11 1QU - £115,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 PARK AVENUE is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £194,146. It was last sold for £115,000 in August 2013, which was around 30% below the average August 2013 detached price in the South Holland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

32 PARK AVENUE Sold Prices

Land registry data shows two sales for 32 PARK AVENUE 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 32 PARK AVENUE 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
2013 22 AUG	£115,000	£164,775	30% below HPI
2011 2 DEC	£125,000	£166,757	25% below HPI

32 PARK AVENUE 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 32 PARK AVENUE sales from December 2011 and August 2013 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 December 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 32 PARK AVENUE be worth now?

32 PARK AVENUE might now be worth an estimated £194,146.

This is based on house price inflation of 68.8%, between August 2013 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.8% inflationary increase is applied to the most recent sale price for 32 PARK AVENUE of £115,000 on 22nd August 2013. For the value to have increased from £115,000 to £194,146 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 32 PARK AVENUE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2013 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 32 PARK AVENUE has not materially changed since August 2013.

How Large is 32 PARK AVENUE?

32 PARK AVENUE is 65m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 32 PARK AVENUE lies on this distribution: 5% of detached houses houses are smaller than 32 PARK AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Spalding.

32 PARK AVENUE: Plot and Title Map

32 PARK AVENUE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 32 PARK AVENUE, 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 PARK AVENUE). 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 PARK AVENUE?

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