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
58 PARK CLOSE is a midsized extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £247,500 in March 2024, which was around 9% below the average March 2024 detached price in the South Holland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 58 PARK CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 58 PARK CLOSE 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 |
---|---|---|---|
2024 27 MAR | £247,500 | £273,400 | 9% below HPI |
2013 28 AUG | £157,500 | £165,586 | 5% below HPI |
2005 8 JUL | £166,000 | £169,602 | 2% below HPI |
2003 27 JUN | £135,500 | £138,951 | 2% below HPI |
2001 27 JUL | £87,950 | £93,338 | 6% 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 five 58 PARK CLOSE sales between July 2001 and March 2024 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 August 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2024 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
58 PARK CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 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 58 PARK CLOSE lies on this distribution: 49% of detached houses are smaller than 58 PARK CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Spalding.
58 PARK CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 58 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 58 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.
58 PARK CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 58 on PARK CLOSE.