SERENITY, WHARF STREET, SUTTON BRIDGE, SPALDING, PE12 9UF - £180,000

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

SERENITY is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £180,000 in January 2022, which was around 34% below the average January 2022 detached price in the South Holland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

SERENITY Sold Prices

Land registry data shows two sales for SERENITY 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 SERENITY 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
2022 17 JAN	£180,000	£270,962	34% below HPI
2016 29 NOV	£140,000	£212,786	34% below HPI

SERENITY 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 SERENITY sales from November 2016 and January 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 November 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2022 sale, which was also at 34% below the HPI.

How Large is SERENITY?

SERENITY is 71m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% 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 SERENITY lies on this distribution: 9% of detached houses are smaller than SERENITY, and 90% of houses are larger. Note that EPC data is not available for all properties in Sutton Bridge.

SERENITY: Plot and Title Map

SERENITY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of SERENITY, 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 SERENITY). 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 SERENITY?

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