RIVERHOUSE, WHARF STREET, SUTTON BRIDGE, SPALDING, PE12 9UF - £150,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

RIVERHOUSE is a large extended detached house of 124m², built sometime between 1991 and 1995. It was last sold for £150,000 in January 2019, which was around 36% below the average January 2019 detached price in the South Holland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

RIVERHOUSE Sold Prices

Land registry data shows three sales for RIVERHOUSE 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 RIVERHOUSE 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 15 JAN	£150,000	£236,100	36% below HPI
2004 6 SEP	£145,000	£157,328	8% below HPI
1995 29 AUG	£49,500	£52,857	6% below HPI

RIVERHOUSE 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 RIVERHOUSE sales between August 1995 and January 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 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is RIVERHOUSE?

RIVERHOUSE is 124m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 40% of detached houses in Sutton Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton Bridge, and where RIVERHOUSE lies on this distribution: 64% of detached houses are smaller than RIVERHOUSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Sutton Bridge.

RIVERHOUSE: Plot and Title Map

RIVERHOUSE sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of RIVERHOUSE, 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 RIVERHOUSE). 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 RIVERHOUSE?

RIVERHOUSE is located on WHARF STREET in SUTTON BRIDGE, in the PE12 postcode district. The below map shows the position of RIVERHOUSE on WHARF STREET.