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
54 PARK AVENUE is a midsized extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £60,000 in March 1999, which was around 9% below the average March 1999 detached price in the South Holland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 54 PARK AVENUE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two 54 PARK AVENUE sales were 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 |
---|---|---|---|
1999 19 MAR | £60,000 | £66,224 | 9% below HPI |
1997 9 DEC | £56,000 | £61,649 | 9% 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 two 54 PARK AVENUE sales from December 1997 and March 1999 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 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 1999 sale, which was also at 9% below the HPI.
54 PARK AVENUE is 117m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 54 PARK AVENUE lies on this distribution: 56% of detached houses are smaller than 54 PARK AVENUE, and 43% of houses are larger. Note that EPC data is not available for all properties in Spalding.
54 PARK AVENUE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 54 PARK AVENUE, 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 54 PARK AVENUE). 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.
54 PARK AVENUE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 54 on PARK AVENUE.