5, RICHARD BUSBY WAY, LUTTON, SPALDING, PE12 9PT - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 RICHARD BUSBY WAY is a large extended detached house of 136m², built sometime between 2003 and 2006. It was last sold for £345,000 in August 2022, which was around 16% above the average August 2022 detached price in the South Holland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

5 RICHARD BUSBY WAY Sold Prices

Land registry data shows four sales for 5 RICHARD BUSBY WAY 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. All of the four 5 RICHARD BUSBY WAY 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
2022 24 AUG	£345,000	£298,111	16% above HPI
2021 4 MAR	£294,000	£249,109	18% above HPI
2014 25 APR	£220,000	£178,409	23% above HPI
2005 4 MAR	£190,000	£170,529	11% above HPI

5 RICHARD BUSBY WAY 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 5 RICHARD BUSBY WAY sales between March 2005 and August 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 March 2021 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2022 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 5 RICHARD BUSBY WAY?

5 RICHARD BUSBY WAY is 136m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 30% of detached houses in Lutton, based on EPC data. The below chart shows the distribution of detached houses by size in Lutton, and where 5 RICHARD BUSBY WAY lies on this distribution: 77% of detached houses are smaller than 5 RICHARD BUSBY WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Lutton.

5 RICHARD BUSBY WAY: Plot and Title Map

5 RICHARD BUSBY WAY sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 5 RICHARD BUSBY WAY, 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 RICHARD BUSBY WAY). 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 RICHARD BUSBY WAY?

5 RICHARD BUSBY WAY is located in LUTTON, in the PE12 postcode district. The below map shows the position of No. 5 on RICHARD BUSBY WAY.