4, THE PARKWAY, SPALDING, PE11 3EE - £245,000

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

4 THE PARKWAY is a midsized detached house of 116m², built sometime between 1991 and 1995. It was last sold for £245,000 in December 2019, which was around 3% above the average December 2019 detached price in the South Holland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

4 THE PARKWAY Sold Prices

Land registry data shows two sales for 4 THE PARKWAY 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 4 THE PARKWAY 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
2019 20 DEC	£245,000	£237,099	3% above HPI
1996 27 SEP	£93,500	£55,298	69% above HPI

4 THE PARKWAY 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 4 THE PARKWAY sales from September 1996 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 September 1996 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the December 2019 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 4 THE PARKWAY?

4 THE PARKWAY is 116m² according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 4 THE PARKWAY lies on this distribution: 55% of detached houses are smaller than 4 THE PARKWAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Spalding.

4 THE PARKWAY: Plot and Title Map

4 THE PARKWAY sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 4 THE PARKWAY, 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 4 THE PARKWAY). 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 4 THE PARKWAY?

4 THE PARKWAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 4 on THE PARKWAY.