1A, HEREWARD ROAD, SPALDING, PE11 1HG - £164,000

1A HEREWARD ROAD is a very small extended detached house of 78m², built sometime between 1976 and 1982. It was last sold for £164,000 in May 2016, which was around 23% below the average May 2016 detached price in the South Holland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

1A HEREWARD ROAD Sold Prices

Land registry data shows three sales for 1A HEREWARD ROAD 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 1A HEREWARD ROAD 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
2016 3 MAY	£164,000	£212,166	23% below HPI
2015 24 NOV	£127,500	£197,594	35% below HPI
2013 12 AUG	£124,000	£165,586	25% below HPI

1A HEREWARD ROAD 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 1A HEREWARD ROAD sales between August 2013 and May 2016 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 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1A HEREWARD ROAD?

1A HEREWARD ROAD is 78m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 1A HEREWARD ROAD lies on this distribution: 15% of detached houses are smaller than 1A HEREWARD ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1A HEREWARD ROAD: Plot and Title Map

1A HEREWARD ROAD sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 1A HEREWARD ROAD, 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 1A HEREWARD ROAD). 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 1A HEREWARD ROAD?

1A HEREWARD ROAD is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 1A on HEREWARD ROAD.