22, LOW ROAD, SPALDING, PE12 6ED - £124,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 LOW ROAD is a very small extended terraced house of 62m², built sometime before 1900, which could now be worth an estimated £170,372. It was last sold for £124,500 in May 2016, which was around 9% above the average May 2016 terraced price in the South Holland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

22 LOW ROAD Sold Prices

Land registry data shows seven sales for 22 LOW ROAD since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the South Holland local authority area for the corresponding sale date. All of the seven 22 LOW ROAD 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
2016 13 MAY	£124,500	£114,425	9% above HPI
2007 9 MAR	£125,000	£105,409	19% above HPI
2003 1 APR	£83,500	£65,067	28% above HPI
2001 1 JUN	£59,000	£45,242	30% above HPI
2000 28 APR	£50,000	£37,521	33% above HPI
1998 29 MAY	£43,995	£30,925	42% above HPI
1996 19 APR	£38,000	£27,633	38% above HPI

22 LOW ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Holland local authority area over time, sourced from the HPI. The seven 22 LOW ROAD sales between April 1996 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 March 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2016 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 22 LOW ROAD be worth now?

22 LOW ROAD might now be worth an estimated £170,372.

This is based on house price inflation of 36.8%, between May 2016 and May 2026, for terraced houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.8% inflationary increase is applied to the most recent sale price for 22 LOW ROAD of £124,500 on 13th May 2016. For the value to have increased from £124,500 to £170,372 over the ten years to May 2026, the following assumptions must hold true:

• The value of 22 LOW ROAD has moved in line with the HPI for terraced houses in the South Holland local authority area.
• The May 2016 sale price of £124,500 represented a fair market value for the property.
• The size, condition, and specification of 22 LOW ROAD has not materially changed since May 2016.

How Large is 22 LOW ROAD?

22 LOW ROAD is 62m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of terraced houses houses in Spalding, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Spalding, and where 22 LOW ROAD lies on this distribution: 3% of terraced houses houses are smaller than 22 LOW ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Spalding.

22 LOW ROAD: Plot and Title Map

22 LOW ROAD sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 22 LOW 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 22 LOW 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 22 LOW ROAD?

22 LOW ROAD is located in SPALDING, in the PE12 postcode district. The below map shows the position of No. 22 on LOW ROAD.