71, HEREWARD ROAD, SPALDING, PE11 1HG - £166,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

71 HEREWARD ROAD is a very small extended detached house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £163,748. It was last sold for £166,000 in April 2023, which was around 43% below the average April 2023 detached price in the South Holland local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was B.

71 HEREWARD ROAD Sold Prices

Land registry data shows two sales for 71 HEREWARD 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 71 HEREWARD 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
2023 14 APR	£166,000	£289,923	43% below HPI
2014 7 FEB	£103,000	£173,709	41% below HPI

71 HEREWARD 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 71 HEREWARD ROAD sales from February 2014 and April 2023 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 February 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2023 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 71 HEREWARD ROAD be worth now?

71 HEREWARD ROAD might now be worth an estimated £163,748.

This is based on house price deflation of 1.4%, between April 2023 and December 2024, 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 1.4% deflationary decrease is applied to the most recent sale price for 71 HEREWARD ROAD of £166,000 on 14th April 2023. For the value to have decreased from £166,000 to £163,748 over the four months to December 2024, the following assumptions must hold true:

• The value of 71 HEREWARD ROAD has moved in line with the HPI for detached houses in the South Holland local authority area.
• The April 2023 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of 71 HEREWARD ROAD has not materially changed since April 2023.

How Large is 71 HEREWARD ROAD?

71 HEREWARD ROAD is 73m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 71 HEREWARD ROAD lies on this distribution: 10% of detached houses houses are smaller than 71 HEREWARD ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Spalding.

71 HEREWARD ROAD: Plot and Title Map

71 HEREWARD ROAD sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 71 HEREWARD 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 71 HEREWARD 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 71 HEREWARD ROAD?

71 HEREWARD ROAD is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 71 on HEREWARD ROAD.