SUMMERLEA, SHEPEAU STOW, SPALDING, PE12 0TU - £157,000

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

SUMMERLEA is a small detached house of 110m², built sometime between 1976 and 1982. It was last sold for £157,000 in April 2014, which was around 12% below the average April 2014 detached price in the South Holland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

SUMMERLEA Sold Prices

Land registry data shows three sales for SUMMERLEA 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 SUMMERLEA 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
2014 25 APR	£157,000	£178,409	12% below HPI
2011 27 MAY	£124,000	£165,145	25% below HPI
1998 28 AUG	£51,000	£63,179	19% below HPI

SUMMERLEA 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 SUMMERLEA sales between August 1998 and April 2014 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 May 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is SUMMERLEA?

SUMMERLEA is 110m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of detached houses in Shepeau Stow, based on EPC data. The below chart shows the distribution of detached houses by size in Shepeau Stow, and where SUMMERLEA lies on this distribution: 29% of detached houses are smaller than SUMMERLEA, and 71% of houses are larger. Note that EPC data is not available for all properties in Shepeau Stow.

SUMMERLEA: Plot and Title Map

SUMMERLEA sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of SUMMERLEA, 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 SUMMERLEA). 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 SUMMERLEA?

SUMMERLEA is located in SHEPEAU STOW, in the PE12 postcode district. The below map shows the position of SUMMERLEA in SHEPEAU STOW.