56, PARK CLOSE, SPALDING, PE11 1PR - £164,950

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 PARK CLOSE is a midsized extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £164,950 in August 2013, which was about the average August 2013 detached price in the South Holland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

56 PARK CLOSE Sold Prices

Land registry data shows three sales for 56 PARK CLOSE 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. The three 56 PARK CLOSE sales were a mix of roughly equal to the average price, and 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
2013 23 AUG	£164,950	£165,586	Close to HPI
2006 26 MAY	£165,000	£176,392	6% below HPI
1995 6 SEP	£54,000	£54,852	2% below HPI

56 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 three 56 PARK CLOSE sales between September 1995 and August 2013 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 May 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2013 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 56 PARK CLOSE?

56 PARK CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in May 2013. 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 56 PARK CLOSE lies on this distribution: 53% of detached houses are smaller than 56 PARK CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Spalding.

56 PARK CLOSE: Plot and Title Map

56 PARK CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 56 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 56 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 56 PARK CLOSE?

56 PARK CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 56 on PARK CLOSE.