PARKWOOD, PARK LANE, DONINGTON, SPALDING, PE11 4UE - £486,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

PARKWOOD is a very large extended detached house of 365m², built sometime between 1996 and 2002. It was last sold for £486,000 in June 2024, which was around 80% above the average June 2024 detached price in the South Holland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

PARKWOOD Sold Prices

Land registry data shows four sales for PARKWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four PARKWOOD 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
2024 20 JUN	£486,000	£270,323	80% above HPI
2019 27 DEC	£485,000	£237,099	105% above HPI
2011 4 NOV	£330,000	£167,413	97% above HPI
2001 27 NOV	£250,000	£98,651	153% above HPI

PARKWOOD 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 four PARKWOOD sales between November 2001 and June 2024 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 December 2019 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the June 2024 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is PARKWOOD?

PARKWOOD is 365m², which includes four extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses in Donington, based on EPC data. The below chart shows the distribution of detached houses by size in Donington, and where PARKWOOD lies on this distribution: 99% of detached houses are smaller than PARKWOOD, and 1% of houses are larger. Note that EPC data is not available for all properties in Donington.

PARKWOOD: Plot and Title Map

PARKWOOD sits on a plot of roughly 0.552 of an acre, or 2,233m². The below map shows the location of PARKWOOD, 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 PARKWOOD). 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 PARKWOOD?

PARKWOOD is located on PARK LANE in DONINGTON, in the PE11 postcode district. The below map shows the position of PARKWOOD on PARK LANE.