38, STATION ROAD, SURFLEET, SPALDING, PE11 4DA - £382,500

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.

38 STATION ROAD is a very large extended detached house of 195m², built sometime between 1983 and 1990, which could now be worth an estimated £406,673. It was last sold for £382,500 in August 2021, which was around 47% above the average August 2021 detached price in the South Holland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

38 STATION ROAD Sold Prices

Land registry data shows four sales for 38 STATION 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. All of the four 38 STATION ROAD sales were for above 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 17 AUG	£382,500	£259,832	47% above HPI
2012 1 OCT	£239,950	£165,674	45% above HPI
2004 25 JUN	£239,500	£154,648	55% above HPI
1998 29 MAY	£109,950	£62,824	75% above HPI

38 STATION 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 38 STATION ROAD sales between May 1998 and August 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 October 2012 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the August 2021 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 38 STATION ROAD be worth now?

38 STATION ROAD might now be worth an estimated £406,673.

This is based on house price inflation of 6.3%, between August 2021 and March 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 6.3% inflationary increase is applied to the most recent sale price for 38 STATION ROAD of £382,500 on 17th August 2021. For the value to have increased from £382,500 to £406,673 over the four years and five months to March 2025, the following assumptions must hold true:

• The value of 38 STATION ROAD has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2021 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of 38 STATION ROAD has not materially changed since August 2021.

How Large is 38 STATION ROAD?

38 STATION ROAD is 195m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the largest 10% of detached houses houses in Surfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Surfleet, and where 38 STATION ROAD lies on this distribution: 90% of detached houses houses are smaller than 38 STATION ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Surfleet.

38 STATION ROAD: Plot and Title Map

38 STATION ROAD sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of 38 STATION 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 38 STATION 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 38 STATION ROAD?

38 STATION ROAD is located in SURFLEET, in the PE11 postcode district. The below map shows the position of No. 38 on STATION ROAD.