40, ALBERT STREET, SPALDING, PE11 2LD - £185,000

40 ALBERT STREET is a very small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £185,000 in September 2021, which was around 30% below the average September 2021 detached price in the South Holland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

40 ALBERT STREET Sold Prices

Land registry data shows three sales for 40 ALBERT STREET 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 40 ALBERT STREET 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
2021 3 SEP	£185,000	£262,721	30% below HPI
2018 20 APR	£174,000	£227,207	23% below HPI
1995 2 OCT	£44,500	£55,535	20% below HPI

40 ALBERT STREET 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 40 ALBERT STREET sales between October 1995 and September 2021 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 April 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 40 ALBERT STREET?

40 ALBERT STREET is 81m², which includes one extension, according to the EPC inspection conducted in October 2017. 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 40 ALBERT STREET lies on this distribution: 18% of detached houses are smaller than 40 ALBERT STREET, and 82% of houses are larger. Note that EPC data is not available for all properties in Spalding.

40 ALBERT STREET: Plot and Title Map

40 ALBERT STREET sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 40 ALBERT STREET, 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 40 ALBERT STREET). 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 40 ALBERT STREET?

40 ALBERT STREET is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 40 on ALBERT STREET.