40, HIGH STREET, SPALDING, PE11 1TX - £88,000

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

40 HIGH STREET is a midsized extended detached house of 113m², built sometime between 1900 and 1929. It was last sold for £88,000 in July 2023, which was around 69% below the average July 2023 detached price in the South Holland local authority area. The most recent EPC inspection was June 2024, where the current energy rating was E, and the potential energy rating was B.

40 HIGH STREET Sold Prices

Land registry data shows two sales for 40 HIGH STREET 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 40 HIGH 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
2023 12 JUL	£88,000	£281,411	69% below HPI
2014 19 AUG	£80,000	£181,746	56% below HPI

40 HIGH STREET 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 40 HIGH STREET sales from August 2014 and July 2023 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 August 2014 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the July 2023 sale, where it falls to 69% below the HPI. The line then continues to track at 69% below the HPI.

How Large is 40 HIGH STREET?

40 HIGH STREET is 113m², which includes three extensions, according to the EPC inspection conducted in June 2024. 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 40 HIGH STREET lies on this distribution: 53% of detached houses are smaller than 40 HIGH STREET, and 47% of houses are larger. Note that EPC data is not available for all properties in Spalding.

40 HIGH STREET: Plot and Title Map

40 HIGH STREET sits on a plot of roughly 0.024 of an acre, or 96m². The below map shows the location of 40 HIGH 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 40 HIGH 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 40 HIGH STREET?

40 HIGH STREET is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 40 on HIGH STREET.