9, PARK LANE, LONG SUTTON, SPALDING, PE12 9DH - £155,000

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

9 PARK LANE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £155,000 in May 2022, which was around 46% below the average May 2022 detached price in the South Holland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

9 PARK LANE Sold Prices

Land registry data shows two sales for 9 PARK LANE 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 9 PARK LANE 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
2022 26 MAY	£155,000	£284,886	46% below HPI
2001 16 MAR	£55,000	£90,729	39% below HPI

9 PARK 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 two 9 PARK LANE sales from March 2001 and May 2022 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 March 2001 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 9 PARK LANE?

9 PARK LANE is 65m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of detached houses in Long Sutton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Sutton, and where 9 PARK LANE lies on this distribution: 7% of detached houses are smaller than 9 PARK LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Long Sutton.

9 PARK LANE: Plot and Title Map

9 PARK LANE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 9 PARK 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 9 PARK 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 9 PARK LANE?

9 PARK LANE is located in LONG SUTTON, in the PE12 postcode district. The below map shows the position of No. 9 on PARK LANE.