51, LOVE LANE, SPALDING, PE11 2PG - £275,000

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

51 LOVE LANE is a very large detached house of 148m², built sometime from 2012 onwards. It was last sold for £275,000 in August 2018, which was around 16% above the average August 2018 detached price in the South Holland local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

51 LOVE LANE Sold Prices

Land registry data shows three sales for 51 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 51 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
2018 3 AUG	£275,000	£237,008	16% above HPI
2013 12 DEC	£220,000	£168,147	31% above HPI
2010 30 DEC	£205,000	£168,711	22% above HPI

51 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 51 LOVE LANE sales between December 2010 and August 2018 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 2013 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2018 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 51 LOVE LANE?

51 LOVE LANE is 148m² according to the EPC inspection conducted in July 2024. This puts it in the largest 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 51 LOVE LANE lies on this distribution: 83% of detached houses are smaller than 51 LOVE LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Spalding.

51 LOVE LANE: Plot and Title Map

51 LOVE LANE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 51 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 51 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 51 LOVE LANE?

51 LOVE LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 51 on LOVE LANE.