54, PARK CLOSE, SPALDING, PE11 1PR - £215,000

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

54 PARK CLOSE is a midsized extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £215,000 in October 2018, which was around 10% below the average October 2018 detached price in the South Holland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

54 PARK CLOSE Sold Prices

Land registry data shows two sales for 54 PARK CLOSE since 1^st 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. One of the two 54 PARK CLOSE sales was for below the average price, whilst the other was 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 12 OCT	£215,000	£237,899	10% below HPI
1998 4 DEC	£250,000	£65,082	284% above HPI

54 PARK CLOSE 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 two 54 PARK CLOSE sales from December 1998 and October 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 1998 sale was for 284% above the HPI. So the extrapolation line tracks at 284% above the HPI over time, until the October 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 54 PARK CLOSE?

54 PARK CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in April 2012. 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 CLOSE lies on this distribution: 51% of detached houses are smaller than 54 PARK CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Spalding.

54 PARK CLOSE: Plot and Title Map

54 PARK CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 54 PARK CLOSE, 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 CLOSE). 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 54 PARK CLOSE?

54 PARK CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 54 on PARK CLOSE.