47, PARK AVENUE, SPALDING, PE11 1QU - £214,000

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

47 PARK AVENUE is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £214,000 in October 2019, which was around 9% below the average October 2019 detached price in the South Holland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

47 PARK AVENUE Sold Prices

Land registry data shows three sales for 47 PARK AVENUE 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 PARK AVENUE 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
2019 7 OCT	£214,000	£235,336	9% below HPI
2018 24 MAY	£172,000	£233,067	26% below HPI
2017 2 AUG	£172,000	£224,913	24% below HPI

47 PARK AVENUE 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 PARK AVENUE sales between August 2017 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 May 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2019 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 47 PARK AVENUE?

47 PARK AVENUE is 75m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 47 PARK AVENUE lies on this distribution: 12% of detached houses are smaller than 47 PARK AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Spalding.

47 PARK AVENUE: Plot and Title Map

47 PARK AVENUE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 47 PARK AVENUE, 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 PARK AVENUE). 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 PARK AVENUE?

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