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
51A LOVE LANE is a very large detached house of 148m². It was last sold for £326,000 in September 2021, which was around 24% above the average September 2021 detached price in the South Holland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows five sales for 51A LOVE LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the five 51A 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 23 SEP | £326,000 | £262,721 | 24% above HPI |
2016 21 OCT | £245,000 | £212,967 | 15% above HPI |
2011 18 NOV | £220,000 | £167,413 | 31% above HPI |
2008 25 FEB | £125,000 | £193,816 | 36% below HPI |
2008 21 JAN | £128,500 | £195,510 | 34% below HPI |
The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The five 51A LOVE LANE sales between January 2008 and September 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 October 2016 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.
51A LOVE LANE is 148m² according to the EPC inspection conducted in September 2011. 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 51A LOVE LANE lies on this distribution: 83% of detached houses are smaller than 51A LOVE LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Spalding.
51A LOVE LANE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 51A 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 51A 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.
51A LOVE LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 51A on LOVE LANE.