7, SPRING STREET, SPALDING, PE11 2XW - £100,000

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 SPRING STREET is a very small detached house of 75m², built sometime between 1900 and 1929. It was last sold for £100,000 in December 2012, which was around 41% below the average December 2012 detached price in the South Holland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

7 SPRING STREET Sold Prices

Land registry data shows two sales for 7 SPRING STREET 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. One of the two 7 SPRING STREET sales was for below the average price, whilst the other was 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
2012 3 DEC	£100,000	£168,985	41% below HPI
1998 1 JUL	£79,950	£62,920	27% above HPI

7 SPRING STREET 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 SPRING STREET sales from July 1998 and December 2012 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 July 1998 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2012 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 7 SPRING STREET?

7 SPRING STREET is 75m² according to the EPC inspection conducted in September 2020. 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 SPRING STREET lies on this distribution: 12% of detached houses are smaller than 7 SPRING STREET, and 87% of houses are larger. Note that EPC data is not available for all properties in Spalding.

7 SPRING STREET: Plot and Title Map

7 SPRING STREET sits on a plot of roughly 0.012 of an acre, or 49m². The below map shows the location of 7 SPRING STREET, 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 SPRING STREET). 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 SPRING STREET?

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