CROSSWAYS, THE RAMPER, SPALDING, PE11 3AW - £195,000

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

CROSSWAYS is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £195,000 in May 2019, which was around 16% below the average May 2019 detached price in the South Holland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

CROSSWAYS Sold Prices

Land registry data shows three sales for CROSSWAYS 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. All of the three CROSSWAYS 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
2019 17 MAY	£195,000	£233,156	16% below HPI
2015 29 SEP	£163,000	£196,179	17% below HPI
2007 2 JUL	£150,000	£194,398	23% below HPI

CROSSWAYS 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 CROSSWAYS sales between July 2007 and May 2019 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 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is CROSSWAYS?

CROSSWAYS is 72m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where CROSSWAYS lies on this distribution: 9% of detached houses are smaller than CROSSWAYS, and 90% of houses are larger. Note that EPC data is not available for all properties in Spalding.

CROSSWAYS: Plot and Title Map

CROSSWAYS sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of CROSSWAYS, 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 CROSSWAYS). 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 CROSSWAYS?

CROSSWAYS is located on THE RAMPER in SPALDING, in the PE11 postcode district. The below map shows the position of CROSSWAYS on THE RAMPER.