RED HOUSE FARM, WYKES LANE, DONINGTON, SPALDING, PE11 4SE - £1,050,000

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

RED HOUSE FARM is a very large extended detached house of 623m², built sometime before 1900. It was last sold for £1,050,000 in September 2022, which was around 249% above the average September 2022 detached price in the South Holland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was C.

RED HOUSE FARM Sold Prices

Land registry data shows three sales for RED HOUSE FARM 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 RED HOUSE FARM 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
2022 9 SEP	£1,050,000	£300,708	249% above HPI
2011 10 FEB	£250,000	£164,863	52% above HPI
1995 15 NOV	£165,000	£56,272	193% above HPI

RED HOUSE FARM 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 RED HOUSE FARM sales between November 1995 and September 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 February 2011 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the September 2022 sale, where it rises to 249% above the HPI. The line then continues to track at 249% above the HPI.

How Large is RED HOUSE FARM?

RED HOUSE FARM is 623m², which includes four extensions, according to the EPC inspection conducted in April 2022. 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 RED HOUSE FARM lies on this distribution: More than 99% of detached houses are smaller than RED HOUSE FARM, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Donington.

RED HOUSE FARM: Plot and Title Map

RED HOUSE FARM sits on a plot of roughly 1.2 acres, or 5,022m². The below map shows the location of RED HOUSE FARM, 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 RED HOUSE FARM). 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 RED HOUSE FARM?

RED HOUSE FARM is located on WYKES LANE in DONINGTON, in the PE11 postcode district. The below map shows the position of RED HOUSE FARM on WYKES LANE.