5, RAILWAY LANE NORTH, SUTTON BRIDGE, SPALDING, PE12 9LP - £265,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

5 RAILWAY LANE NORTH is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £265,000 in February 2021, which was around 7% above the average February 2021 detached price in the South Holland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

5 RAILWAY LANE NORTH Sold Prices

Land registry data shows three sales for 5 RAILWAY LANE NORTH 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. Two of the three 5 RAILWAY LANE NORTH sales were for above the average price, whilst one was 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
2021 23 FEB	£265,000	£246,990	7% above HPI
2018 21 SEP	£220,000	£238,085	8% below HPI
2017 11 MAY	£230,000	£221,206	4% above HPI

5 RAILWAY LANE NORTH 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 RAILWAY LANE NORTH sales between May 2017 and February 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 September 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 5 RAILWAY LANE NORTH?

5 RAILWAY LANE NORTH is 106m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of detached houses in Sutton Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton Bridge, and where 5 RAILWAY LANE NORTH lies on this distribution: 52% of detached houses are smaller than 5 RAILWAY LANE NORTH, and 47% of houses are larger. Note that EPC data is not available for all properties in Sutton Bridge.

5 RAILWAY LANE NORTH: Plot and Title Map

5 RAILWAY LANE NORTH sits on a plot of roughly 0.337 of an acre, or 1,364m². The below map shows the location of 5 RAILWAY LANE NORTH, 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 RAILWAY LANE NORTH). 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 RAILWAY LANE NORTH?

5 RAILWAY LANE NORTH is located in SUTTON BRIDGE, in the PE12 postcode district. The below map shows the position of No. 5 on RAILWAY LANE NORTH.