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
56 FEN END LANE is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £197,500 in July 2021, which was around 23% below the average July 2021 detached price in the South Holland local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 56 FEN END LANE 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 56 FEN END LANE 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 30 JUL | £197,500 | £258,087 | 23% below HPI |
1999 10 DEC | £68,000 | £70,904 | 4% 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 56 FEN END LANE sales from December 1999 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 December 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
56 FEN END LANE is 92m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 56 FEN END LANE lies on this distribution: 30% of detached houses are smaller than 56 FEN END LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Spalding.
56 FEN END LANE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 56 FEN END LANE, 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 56 FEN END LANE). 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.
56 FEN END LANE is located in SPALDING, in the PE12 postcode district. The below map shows the position of No. 56 on FEN END LANE.