70, WRIGHTS LANE, SUTTON BRIDGE, SPALDING, PE12 9RH - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

70 WRIGHTS LANE is a small extended detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £295,593. It was last sold for £225,000 in November 2016, which was around 6% above the average November 2016 detached price in the South Holland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

70 WRIGHTS LANE Sold Prices

Land registry data shows three sales for 70 WRIGHTS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Two of the three 70 WRIGHTS LANE sales were for above the average price, whilst one 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
2016 18 NOV	£225,000	£211,744	6% above HPI
2007 22 JUN	£185,000	£193,938	5% below HPI
2001 11 SEP	£110,000	£97,527	13% above HPI

70 WRIGHTS LANE 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 three 70 WRIGHTS LANE sales between September 2001 and November 2016 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 June 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2016 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 70 WRIGHTS LANE be worth now?

70 WRIGHTS LANE might now be worth an estimated £295,593.

This is based on house price inflation of 31.4%, between November 2016 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.4% inflationary increase is applied to the most recent sale price for 70 WRIGHTS LANE of £225,000 on 18th November 2016. For the value to have increased from £225,000 to £295,593 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 70 WRIGHTS LANE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 70 WRIGHTS LANE has not materially changed since November 2016.

How Large is 70 WRIGHTS LANE?

70 WRIGHTS LANE is 89m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% of detached houses houses in Sutton Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutton Bridge, and where 70 WRIGHTS LANE lies on this distribution: 35% of detached houses houses are smaller than 70 WRIGHTS LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Sutton Bridge.

70 WRIGHTS LANE: Plot and Title Map

70 WRIGHTS LANE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 70 WRIGHTS LANE, 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 WRIGHTS LANE). 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 WRIGHTS LANE?

70 WRIGHTS LANE is located in SUTTON BRIDGE, in the PE12 postcode district. The below map shows the position of No. 70 on WRIGHTS LANE.