7, BALMORAL AVENUE, SPALDING, PE11 2RN - £210,000

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

7 BALMORAL AVENUE is a very small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £210,000 in October 2018, which was around 12% below the average October 2018 detached price in the South Holland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

7 BALMORAL AVENUE Sold Prices

Land registry data shows two sales for 7 BALMORAL AVENUE since 1^st 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 7 BALMORAL 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 17 OCT	£210,000	£237,899	12% below HPI
2003 12 DEC	£127,500	£151,491	16% below HPI

7 BALMORAL 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 two 7 BALMORAL AVENUE sales from December 2003 and October 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 December 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 7 BALMORAL AVENUE?

7 BALMORAL AVENUE is 78m², which includes one extension, according to the EPC inspection conducted in October 2015. 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 7 BALMORAL AVENUE lies on this distribution: 15% of detached houses are smaller than 7 BALMORAL AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Spalding.

7 BALMORAL AVENUE: Plot and Title Map

7 BALMORAL AVENUE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 7 BALMORAL 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 7 BALMORAL 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 7 BALMORAL AVENUE?

7 BALMORAL AVENUE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 7 on BALMORAL AVENUE.