BRIDGE HOUSE, PARK LANE, SURFLEET, SPALDING, PE11 4AF - £420,000

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.

BRIDGE HOUSE is a very large extended detached house of 286m², built sometime between 2003 and 2006, which could now be worth an estimated £624,421. It was last sold for £420,000 in March 2015, which was around 124% above the average March 2015 detached price in the South Holland local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

BRIDGE HOUSE Sold Prices

Land registry data shows two sales for BRIDGE HOUSE 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 BRIDGE HOUSE sales were 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
2015 6 MAR	£420,000	£187,109	124% above HPI
2005 2 SEP	£415,000	£170,926	143% above HPI

BRIDGE HOUSE 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 BRIDGE HOUSE sales from September 2005 and March 2015 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 September 2005 sale was for 143% above the HPI. So the extrapolation line tracks at 143% above the HPI over time, until the March 2015 sale, where it falls to 124% above the HPI. The line then continues to track at 124% above the HPI.

What might BRIDGE HOUSE be worth now?

BRIDGE HOUSE might now be worth an estimated £624,421.

This is based on house price inflation of 48.7%, between March 2015 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 48.7% inflationary increase is applied to the most recent sale price for BRIDGE HOUSE of £420,000 on 6th March 2015. For the value to have increased from £420,000 to £624,421 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of BRIDGE HOUSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The March 2015 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of BRIDGE HOUSE has not materially changed since March 2015.

How Large is BRIDGE HOUSE?

BRIDGE HOUSE is 286m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the largest 10% of detached houses houses in Surfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Surfleet, and where BRIDGE HOUSE lies on this distribution: 98% of detached houses houses are smaller than BRIDGE HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Surfleet.

BRIDGE HOUSE: Plot and Title Map

BRIDGE HOUSE sits on a plot of roughly 0.229 of an acre, or 926m². The below map shows the location of BRIDGE HOUSE, 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 BRIDGE HOUSE). 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 BRIDGE HOUSE?

BRIDGE HOUSE is located on PARK LANE in SURFLEET, in the PE11 postcode district. The below map shows the position of BRIDGE HOUSE on PARK LANE.