7, SPA ROAD, WOODHALL SPA, LN10 6PZ - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 SPA ROAD is a midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £285,000 in October 2011, which was around 72% above the average October 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

7 SPA ROAD Sold Prices

Land registry data shows three sales for 7 SPA ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 7 SPA ROAD sales were for above 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
2011 26 OCT	£285,000	£165,645	72% above HPI
2002 15 MAY	£146,000	£98,349	48% above HPI
1995 5 MAY	£75,000	£54,972	36% above HPI

7 SPA ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 7 SPA ROAD sales between May 1995 and October 2011 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 2002 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2011 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is 7 SPA ROAD?

7 SPA ROAD is 113m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 50% of detached houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Woodhall Spa, and where 7 SPA ROAD lies on this distribution: 41% of detached houses are smaller than 7 SPA ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

7 SPA ROAD: Plot and Title Map

7 SPA ROAD sits on a plot of roughly 0.283 of an acre, or 1,147m². The below map shows the location of 7 SPA ROAD, 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 SPA ROAD). 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 SPA ROAD?

7 SPA ROAD is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 7 on SPA ROAD.