55, MAIN ROAD, QUADRING, SPALDING, PE11 4PS - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

55 MAIN ROAD is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £225,000 in July 2021, which was around 13% below the average July 2021 detached price in the South Holland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

55 MAIN ROAD Sold Prices

Land registry data shows four sales for 55 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 55 MAIN 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
2021 9 JUL	£225,000	£258,087	13% below HPI
2015 26 MAR	£177,000	£188,030	6% below HPI
2002 12 JUL	£79,950	£111,869	29% below HPI
2000 29 AUG	£59,000	£86,349	32% below HPI

55 MAIN 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 four 55 MAIN ROAD sales between August 2000 and July 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 March 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 55 MAIN ROAD?

55 MAIN ROAD is 79m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Quadring, based on EPC data. The below chart shows the distribution of detached houses by size in Quadring, and where 55 MAIN ROAD lies on this distribution: 4% of detached houses are smaller than 55 MAIN ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Quadring.

55 MAIN ROAD: Plot and Title Map

55 MAIN ROAD sits on a plot of roughly 0.247 of an acre, or 998m². The below map shows the location of 55 MAIN 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 55 MAIN 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 55 MAIN ROAD?

55 MAIN ROAD is located in QUADRING, in the PE11 postcode district. The below map shows the position of No. 55 on MAIN ROAD.