5, LOVE LANE, SPALDING, PE11 2PE - £600,000

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

5 LOVE LANE is a very large extended detached house of 321m², built sometime between 1900 and 1929. It was last sold for £600,000 in March 2021, which was around 141% above the average March 2021 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 C.

5 LOVE LANE Sold Prices

Land registry data shows three sales for 5 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 5 LOVE LANE 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
2021 26 MAR	£600,000	£249,109	141% above HPI
2018 5 JAN	£580,000	£225,774	157% above HPI
2007 24 OCT	£440,000	£197,710	123% above HPI

5 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 5 LOVE LANE sales between October 2007 and March 2021 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 January 2018 sale was for 157% above the HPI. So the extrapolation line tracks at 157% above the HPI over time, until the March 2021 sale, where it falls to 141% above the HPI. The line then continues to track at 141% above the HPI.

How Large is 5 LOVE LANE?

5 LOVE LANE is 321m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 10% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 5 LOVE LANE lies on this distribution: More than 99% of detached houses are smaller than 5 LOVE LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Spalding.

5 LOVE LANE: Plot and Title Map

5 LOVE LANE sits on a plot of roughly 0.356 of an acre, or 1,439m². The below map shows the location of 5 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 5 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 5 LOVE LANE?

5 LOVE LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 5 on LOVE LANE.