54, PARK ROAD, SPALDING, PE11 1NH - £156,000

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 ROAD is a midsized extended detached house of 117m², built sometime between 1900 and 1929. It was last sold for £156,000 in September 2006, which was around 16% below the average September 2006 detached price in the South Holland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

54 PARK ROAD Sold Prices

Land registry data shows three sales for 54 PARK ROAD 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 54 PARK ROAD 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
2006 6 SEP	£156,000	£185,749	16% below HPI
2005 11 NOV	£151,000	£173,469	13% below HPI
2002 17 OCT	£85,000	£123,307	31% below HPI

54 PARK ROAD 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 54 PARK ROAD sales between October 2002 and September 2006 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 November 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2006 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 54 PARK ROAD?

54 PARK ROAD is 117m², which includes one extension, according to the EPC inspection conducted in April 2015. 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 ROAD lies on this distribution: 56% of detached houses are smaller than 54 PARK ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Spalding.

54 PARK ROAD: Plot and Title Map

54 PARK ROAD sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 54 PARK ROAD, 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 ROAD). 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 ROAD?

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