37, SPRING STREET, SPALDING, PE11 2XW - £129,995

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.

37 SPRING STREET is a very small extended semi-detached house of 61m², built sometime before 1900, which could now be worth an estimated £137,955. It was last sold for £129,995 in February 2022, which was around 28% below the average February 2022 semi-detached price in the South Holland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

37 SPRING STREET Sold Prices

Land registry data shows three sales for 37 SPRING STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. All of the three 37 SPRING STREET 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
2022 28 FEB	£129,995	£180,007	28% below HPI
2004 12 MAR	£79,000	£99,860	21% below HPI
2002 28 OCT	£59,950	£76,727	22% below HPI

37 SPRING STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The three 37 SPRING STREET sales between October 2002 and February 2022 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 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 37 SPRING STREET be worth now?

37 SPRING STREET might now be worth an estimated £137,955.

This is based on house price inflation of 6.1%, between February 2022 and February 2025, for semi-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 6.1% inflationary increase is applied to the most recent sale price for 37 SPRING STREET of £129,995 on 28th February 2022. For the value to have increased from £129,995 to £137,955 over the three years to February 2025, the following assumptions must hold true:

• The value of 37 SPRING STREET has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The February 2022 sale price of £129,995 represented a fair market value for the property.
• The size, condition, and specification of 37 SPRING STREET has not materially changed since February 2022.

How Large is 37 SPRING STREET?

37 SPRING STREET is 61m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of semi-detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spalding, and where 37 SPRING STREET lies on this distribution: 3% of semi-detached houses houses are smaller than 37 SPRING STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Spalding.

37 SPRING STREET: Plot and Title Map

37 SPRING STREET sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 37 SPRING STREET, 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 37 SPRING STREET). 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 37 SPRING STREET?

37 SPRING STREET is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 37 on SPRING STREET.