42, WEST PARADE, SPALDING, PE11 1HD - £225,000

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.

42 WEST PARADE is a large detached house of 130m², built sometime between 1930 and 1949, which could now be worth an estimated £267,270. It was last sold for £225,000 in October 2019, which was around 4% below the average October 2019 detached price in the South Holland local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was C.

42 WEST PARADE Sold Prices

Land registry data shows four sales for 42 WEST PARADE 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. The four 42 WEST PARADE sales were a mix of below the average price, and roughly equal to 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 4 OCT	£225,000	£234,183	4% below HPI
2013 27 NOV	£162,000	£169,456	4% below HPI
2002 31 JUL	£110,000	£111,321	1% below HPI
1995 3 FEB	£51,000	£51,072	Close to HPI

42 WEST PARADE 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 42 WEST PARADE sales between February 1995 and October 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 November 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2019 sale, which was also at 4% below the HPI.

What might 42 WEST PARADE be worth now?

42 WEST PARADE might now be worth an estimated £267,270.

This is based on house price inflation of 18.8%, between October 2019 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 18.8% inflationary increase is applied to the most recent sale price for 42 WEST PARADE of £225,000 on 4th October 2019. For the value to have increased from £225,000 to £267,270 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 42 WEST PARADE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 42 WEST PARADE has not materially changed since October 2019.

How Large is 42 WEST PARADE?

42 WEST PARADE is 130m² according to the EPC inspection conducted in August 2013. This puts it in the largest 30% 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 42 WEST PARADE lies on this distribution: 71% of detached houses houses are smaller than 42 WEST PARADE, and 28% of houses are larger. Note that EPC data is not available for all properties in Spalding.

42 WEST PARADE: Plot and Title Map

42 WEST PARADE sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 42 WEST PARADE, 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 42 WEST PARADE). 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 42 WEST PARADE?

42 WEST PARADE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 42 on WEST PARADE.