55, PARK AVENUE, SPALDING, PE11 1QX - £185,000

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

55 PARK AVENUE is a very small detached house of 74m², built sometime between 1930 and 1949. It was last sold for £185,000 in February 2018, which was around 18% below the average February 2018 detached price in the South Holland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

55 PARK AVENUE Sold Prices

Land registry data shows three sales for 55 PARK AVENUE 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 55 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
2018 28 FEB	£185,000	£226,384	18% below HPI
2015 20 NOV	£137,000	£197,594	31% below HPI
2000 27 OCT	£58,000	£87,647	34% below HPI

55 PARK AVENUE 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 55 PARK AVENUE sales between October 2000 and February 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 November 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 55 PARK AVENUE?

55 PARK AVENUE is 74m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 55 PARK AVENUE lies on this distribution: 11% of detached houses are smaller than 55 PARK AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Spalding.

55 PARK AVENUE: Plot and Title Map

55 PARK AVENUE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 55 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 55 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.

Where is 55 PARK AVENUE?

55 PARK AVENUE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 55 on PARK AVENUE.