PONDEROSA, CHALK LANE, SUTTON BRIDGE, SPALDING, PE12 9YF - £185,000

PONDEROSA is a midsized extended detached house of 92m², built sometime between 1900 and 1929. It was last sold for £185,000 in July 2020, which was around 20% below the average July 2020 detached price in the South Holland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was F, and the potential energy rating was E.

PONDEROSA Sold Prices

Land registry data shows two sales for PONDEROSA 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 PONDEROSA 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
2020 31 JUL	£185,000	£230,790	20% below HPI
2013 23 AUG	£117,000	£165,586	29% below HPI

PONDEROSA 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 PONDEROSA sales from August 2013 and July 2020 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 August 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is PONDEROSA?

PONDEROSA is 92m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% 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 PONDEROSA lies on this distribution: 40% of detached houses are smaller than PONDEROSA, and 60% of houses are larger. Note that EPC data is not available for all properties in Sutton Bridge.

PONDEROSA: Plot and Title Map

PONDEROSA sits on a plot of roughly 0.297 of an acre, or 1,202m². The below map shows the location of PONDEROSA, 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 PONDEROSA). 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 PONDEROSA?

PONDEROSA is located on CHALK LANE in SUTTON BRIDGE, in the PE12 postcode district. The below map shows the position of PONDEROSA on CHALK LANE.