47, LOVE LANE, SPALDING, PE11 2PG - £285,000

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.

47 LOVE LANE is a midsized extended detached house of 119m², built sometime between 1930 and 1949, which could now be worth an estimated £265,477. It was last sold for £285,000 in October 2022, which was around 5% below the average October 2022 detached price in the South Holland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

47 LOVE LANE Sold Prices

Land registry data shows three sales for 47 LOVE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 47 LOVE LANE 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 12 OCT	£285,000	£298,635	5% below HPI
2019 6 DEC	£215,000	£235,937	9% below HPI
2011 31 MAY	£159,000	£164,336	3% below HPI

47 LOVE LANE 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 three 47 LOVE LANE sales between May 2011 and October 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 December 2019 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 47 LOVE LANE be worth now?

47 LOVE LANE might now be worth an estimated £265,477.

This is based on house price deflation of 6.9%, between October 2022 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 6.9% deflationary decrease is applied to the most recent sale price for 47 LOVE LANE of £285,000 on 12th October 2022. For the value to have decreased from £285,000 to £265,477 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 47 LOVE LANE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 47 LOVE LANE has not materially changed since October 2022.

How Large is 47 LOVE LANE?

47 LOVE LANE is 119m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% 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 47 LOVE LANE lies on this distribution: 58% of detached houses houses are smaller than 47 LOVE LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Spalding.

47 LOVE LANE: Plot and Title Map

47 LOVE LANE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 47 LOVE LANE, 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 47 LOVE LANE). 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 47 LOVE LANE?

47 LOVE LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 47 on LOVE LANE.