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 LOWFIELDS AVENUE is a very small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £234,995 in January 2019, which was about the average January 2019 detached price in the South Holland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 LOWFIELDS AVENUE 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. One of the two 7 LOWFIELDS AVENUE sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2019 14 JAN | £234,995 | £236,100 | Close to HPI |
2015 8 APR | £140,000 | £186,376 | 25% 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 7 LOWFIELDS AVENUE sales from April 2015 and January 2019 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 April 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
7 LOWFIELDS AVENUE is 82m² according to the EPC inspection conducted in January 2018. 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 LOWFIELDS AVENUE lies on this distribution: 18% of detached houses are smaller than 7 LOWFIELDS AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Spalding.
7 LOWFIELDS AVENUE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 7 LOWFIELDS 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 LOWFIELDS 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.
7 LOWFIELDS AVENUE is located in SPALDING, in the PE12 postcode district. The below map shows the position of No. 7 on LOWFIELDS AVENUE.