70, COMMERCIAL ROAD, SPALDING, PE11 2HE - £93,000

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

70 COMMERCIAL ROAD is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £93,000 in April 2011, which was around 43% below the average April 2011 detached price in the South Holland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

70 COMMERCIAL ROAD Sold Prices

Land registry data shows two sales for 70 COMMERCIAL ROAD 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 70 COMMERCIAL ROAD 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
2011 21 APR	£93,000	£163,932	43% below HPI
2002 20 AUG	£70,995	£114,036	38% below HPI

70 COMMERCIAL ROAD 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 70 COMMERCIAL ROAD sales from August 2002 and April 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 August 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2011 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 70 COMMERCIAL ROAD?

70 COMMERCIAL ROAD is 74m² according to the EPC inspection conducted in September 2010. 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 70 COMMERCIAL ROAD lies on this distribution: 12% of detached houses are smaller than 70 COMMERCIAL ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Spalding.

70 COMMERCIAL ROAD: Plot and Title Map

70 COMMERCIAL ROAD sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 70 COMMERCIAL 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 70 COMMERCIAL 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 70 COMMERCIAL ROAD?

70 COMMERCIAL ROAD is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 70 on COMMERCIAL ROAD.